1. WHAT IS A CORPORATION?

2. EXPLAIN THE DOCTRINE OF PIERCING THE VEIL OF CORPORATE ENTITY?

3. WHAT ARE THE OBLIGATIONS OF DIRECTORS AND OFFICERS OF A CORPORATION?

4. EXPLAIN THE RIGHT OF SUCCESSION.

5. DISTINGUISH THE FOLLOWING: A. DE JURE CORPORATION VS. DE FACTO CORPORATION

6. STOCK CORPORATION VS. NON-STOCK

7. What is the difference between incorporators and corporators?

8. WHAT INDUSTRIES ARE NOT ALLOWED TO HAVE FOREIGN STOCKHOLDERS?

9. WHAT IS THE IMPORTANCE/SIGNIFICANCE OF THE PRINCIPAL PLACE OF BUSINESS STATED IN THE ARTICLES OF INCORPORATION?

10. Define the following terms:

A. Authorized capital stock

B. Subscribed capital stock

C. Paid up capital

D. Outstanding Capital