1) What is the nature of shares of stocks as a property?

a. Real property;

b. Immovable property;

c. Real right;

d. Personal property

2)What is the status of ultra vires acts made by the Corporation's board of directors in behalf of the corporation which are not illegal per se but merely unauthorized?

a. voidable;

b. unenforceable;

c. rescissible;

d. null and void.