Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Provide the following requirements needed. 3. In answering the problem, observe the following: (a) First. answer the questions squarely (Yes or No); (b) Then, explain

Provide the following requirements needed.

image text in transcribed
3. In answering the problem, observe the following: (a) First. answer the questions squarely (Yes or No); (b) Then, explain your position; and (c) Finally, cite the article where you based your answers; 4. Each answer (per Item/Question) must not be less than 40 words; but not more than 100 words and no need to restate the Problems: 5. The template of your work shall be: (a] Short bond paper (margin); (b] Century Gothic 12 (font): (c) Justified (margin]; (d) Single space; (e) Observe proper margin and space between paragraphs; (f) PDF (format); TOPIC COVERAGE: WEEK 8 - General Provisions of Corporation PROBLEMS: 1. Explain the following principles and doctrines. Support your answer with a provision (section). a. Doctrine of piercing the veil of corporate fiction. Enumerate and briefly discuss the exceptions? (5 points) b. Concept of Perpetual Succession. Are there exceptions? If so, cite them. (5 points) c. Compare a de jure and a de facto corporation. Then, give each an example. (5 points) d. Corporation by estoppel. Give an example. (5 points) e. What would happen if the corporation fails to formally organize and commence its work after its incorporation? What is a section of the Revised Corporation Code? (5 points) f. What is a "cumulative preferred share"? Then, explain by giving an example. (5 points)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law Express Evidence

Authors: Chris Taylor

5th Edition

1292210192, 978-1292210193

More Books

Students also viewed these Law questions

Question

8. What values do you want others to associate you with?

Answered: 1 week ago