Dear tutor, please help me with this one. Please Explain the following. Thank you and God Bless! I will really give a positive rating to those who can help me. Please ty pe your answers here. Do not attach a picture of your answer. Thank you. Also, kindly use the most recent applicable law in the Philippines.

Please use the most recent applicable law in the Philippines.

Define and Explain or state briefly the rule or reason for your answer. Quote the Article Number to support your answer. 1. derivative suit; 2. watered stock; 3. call; 4. highest bidder; 5. certificate of stock. 6. What are the different modes which shares may be issued? 7. Classify the liabilities that may be incurred by a stockholder 8. How is participation in a corporation acquired? 9. What are the grounds for recovery of stock unlawfully sold for delinquency? 10. When is the bringing of a representative suit by a group of stockholders allowed? Cite an example when the method is used. 11. A corporation issued shares with a par value of P20.00. Subsequently, the corporation purchased the shares at par value. If the same shares are sold by the corporation for only P15.00 per share, is the officer who effected the sale be held liable for the difference or the " water " in the stock? 12. X subscribed for 100 shares of stock in a corporation. He has paid only for shares. May a certificate of stock be issued for the 70 shares? 13. X sold his shares of stock to Y. The transfer was not registered with the corporation. What would be the effects of the non - registration insofar as the corporation is concerned? 14. In the same example, has Z, a corporate creditor, the right to enforce the liability of X? 15. In the same example, is X liable to pay interest on the unpaid subscription