LAW

The appraisal right of dissenting stockholder can be used to the following corporate actions, except: * Authorizing preferences in any O respect superior to those of outstanding shares of any class O Extending or shortening the term of corporate existence. O Changing the corporate name Changing or restricting the O restricting the rights of any stockholder or class of shares.The Certificate of MA LINIS CORPORATION was issued on July 01. 2015. If today, July 02, 2021 and still the corporation does not formally organize and commence its business. Determine the legal consequence of being inoperative of MA LINIS CORPORATION. * The certificate of incorporation of O MA LINIS CORPORATION shall be suspended. The certificate of incorporation of O MA LINIS CORPORATION shall be deemed revoked. The inoperative of MA LINIS O CORPORATION produce no legal consequence . O MA LINIS CORPORATION will be places under delinquent status.B is a industrial partner in Buhayin Partnership and he engage to another business without the knowledge of the other partners. The following are the remedies of the other partners, except : Reimbursement of expenses O incurred by others partners in performance of their assign task O The capitalist partners may exclude him from the firm O Avail themselves of the benefits which he may have obtained O Right to ask for damagesThe following are the requisites of a valid contract of partnership, except: Intention of dividing the profits Create a common fund O Exercise of profession Meeting of the minds It is essential for the main purpose of the contract. Its non fulfillment causes massive losses to the suffered party. In case of violation of condition, the suffered party can cancel the contract. * Object Prestation O Warranty O ConditionA contract or receipt for the transport of goods and their delivery to the person named therein, to order or bearer. " Dock Warrant Bill of Landing Warehouse Receipt Negotiable Documents of title The body who shall exercise the corporate powers, conduct all business, and control all properties of a non-stock corporation. * Members O Board of Trustees O Stockholders BO Board of DirectorsBughaw Corporation, a stock corporation, wanted to extend it corporate term. A meeting was called to discussed the said matter Determine the required number of votes in order for a corporation to enxend it corporate exitence. * Majority votes of Board of Directors O and 2/3 of the outstanding capital stock members 2/3 votes of Board of Directors and O majority votes of the outstanding capital stock members Majority votes of Board of Directors O and majority votes of the outstanding capital stock members. 2/3 votes of Board of Directors and O 2/3 of the outstanding capital stock membersWho has the right to the fruits of the thing sold from the time obligation to deliver arises. O Person who in possession of the thing sold O Vendee O Vendor O GovernmentM. N and O are partners in Buhay and Co., with the purpose of selling unapproved prescription drugs. Eventually the partnership created by M. N and O declared unlawful by the court. The following are the effects of unlawful partnership, except: * The profits of the partnership will be O confiscated in favor of the government All the contributions of the partners O will be confiscated in favor of the government O The contract of partnership is void ab initio The instruments or tools and O proceeds of the crime shall also be forfeited in favor of the governmentOn January 01, 2021 A. B and C form the MAGINHAWA CORPORATION (MC). They completed writing the Articles of Incorporation (Aol) of MC on January 10. 2021. On January 15. 2021 A.B and C filed to the SEC the Aol. On January 30, 2021 the SEC issued the certificate of incorporation of said corporation. When the corporate existence and acquisition of juridical personality of MAGINHAWA CORPORATION start to commence? * O January 01, 2021 O January 30, 2021 O January 10, 2021 January 15, 2021When the demand of payment of the fair value of shares of a dissenting stockholder must be made? * Within thirty (30) days from the date O on which the approval of the proposed corporate action. Within thirty (30) days before the implementation of approved corporate action. Within thirty (30) days from the date O on which the notice of the meeting received. O Within thirty (30) days from the date on which the vote was taken.Betty gratuitously disposes her one and only female cow in favor of Roger and the latter accepts it. Determine the contract executed by Betty. O Barter O Donation O Pledge O Sale