Question
Answer the questions directly and concisely. Do not repeat the questions. Write legibly. A mere Yes or No answer will not be given any credit.
Answer the questions directly and concisely. Do not repeat the questions. Write legibly. A mere "Yes or "No" answer will not be given any credit.
VI
Distinguish stock corporation from the nom-stock corporation.
VIII
Distinguish foreign corporations from domestic corporations. What is the "grandfather rule" in determining the nationality of a corporation?
IX
What are the minimum and a maximum number of incorporators required to incorporate a stock corporation? Must all the incorporators and directors be residents of the Philippines?
X
Distinguish corporation sole from the one-person corporation.
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