look for the correct answer of the following

Which of the following sale, disposal, or lease made by the board of directors of corporate assets requires ratification by its stockholders? Select the correct response: ) Lease or exchange of corporate assets in the regular course of business. Sale or pledge or mortgage of corporate assets in the usual course of business. business. Sale or disposal of corporate assets for the conduct of its remaining Sale which would render the corporation incapable of continuing its business or accomplishing the purpose for which it was incorporated How many days shall lapse from the due date fixed in the subscription contract or rom the date fixed in the call made by the Board of Directors for the shares to be delinquent if still unpaid? Select the correct response: 20 days 30 days 60 days O 15 days Under the trust fund doctrine, dividends cannot be declared out of legal capital. The except following are the instances when dividends can be declared out of legal capital, Select the correct response. O Declaration of property dividends if the corporation has deficit. O Liquidating dividends during the process of liquidation O Redemption of redeemable preference shares Declaration of dividends out of capital in a mining corporation by virtue of wasting asset doctrine. Item 20 of 30 1P Which of the following sale, disposal, or lease made by the board of directors of corporate assets requires ratification by its stockholders? Select the correct response. Lease or exchange of corporate assets in the regular course of business. Sale or disposal of corporate assets for the conduct of its remaining business. Sale which would render the corporation incapable of continuing its business or accomplishing the purpose for which it was incorporated Sale or pledge or mortgage of corporate assets in the usual course of business. Item 22 of 30 1 Point Tekla orally subscribed to 10 common stocks of RTIA corporation at a price of Php 500 wherein payment of the price and delivery of certificate of stocks will happen after one month. What is the status of the contract of subscription? Select the correct response. O Voidable O Void