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G is a stockholder in the ABC Corporation. For a price of P10,000.00, he owns numerous shares in the corporation. As mentioned in his Stock
G is a stockholder in the ABC Corporation. For a price of P10,000.00, he owns numerous shares in the corporation. As mentioned in his Stock Certificate, G shall be given a share of the dividends every 5th year starting from the existence of corporation just like the other stockholders. He also has voting rights. What kind of share did G bought? * CO O Preference share O Founder's share Treasury share O Common shareA corporation consist of only one corporator. Is this a valid corporation? O Yes. It is a de facto corporation O No. This is a sole proprietor. O Yes. It is a one person corporation O No. There must be at least 5 corporators.GHJ Cooperative is focused on helping the needs of microenterprises. B, an interested owner of small enterprise, wants to become part of the cooperative. C, a longtime member of the cooperative, does not want B to be a member because C knew B has a negative attitude. If the cooperative, denies membership of B, what cooperative principle is violated?* O Voluntary and open membership O Democratic member control O Autonomy and independence O Member economic participationWhat is the term of existence of a cooperative in the Philippines? ) 5 years but subject to extension of the members O Based on the will of the members O Perpetual O 50 Years5. A, B, C, D, and E are all competent and expert auditors. They decided that they can benefit more if they create an organization. What kind of business organization should they create? * O Corporation O Cooperative O Partnership O Joint venture
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