Hi Tutor!

Could you help me with this my assignment on corporation: general provisions. Thank you in advance.

1. Roces-Realty Corporation, a lessor, obtained a favorable judgment in a suit against Good Earth Emporium, lessee, for the latter's failure to pay rentals.The judgment, however, wasnot executed because of the trial court's finding that Good Earth Emporium paid P2 million to Roces-Realty Corporation tantamount to full satisfaction of the judgment debt. It turned out, however, that P1 million wastheconsiderationinthepactoderetrosaledrawninfavorofRoces-Realty'sofficers/stockholders, JesusMarcosRocesandMarcosRoces.Furthermore,theotherP1millionpaidturnedoutaspayment for loan extended by Jesus Marcos Roces and Marcos Roces in favor ofGood Earth emporium. Canthe payments made to Roces-Realty's officers/stockholders be considered as payment to the corporation? Explain.
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2.C Steel and Nail Co., Inc., ownedby X,had financial obligations to its employees. C ceased operation, andwasimmediatelysucceededonthenextdayby,andallitsassetswereturnedoverto,theESteep Corporation, 90% ofthe subscribed shares of which were also owned by X.May E Steel Corporation be held liable for the financial obligation ofC Steel andNail Co., Inc. to its employees? Decide andjustify.
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