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Question 36 1 pts Transfer of shares must be made by Indnrsement and Delivery. To affect third persons, the transfer must be registered in the

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Question 36 1 pts Transfer of shares must be made by Indnrsement and Delivery. To affect third persons, the transfer must be registered in the Corporate Books. Nevertheless, the transfer between the parties is valid between them. 0 True 0 False Question 37 1 pts A Watered stock is a stock issued for a consideration less than its par or issued value or for a consideration in any form other than cash, valued in excess of its fair value. 0 True 0 False Question 38 1 pts Unlike Treasuryr shares, delinquent shares may vote and receive dividends. O Tme 0 False Question 39 1 pts Parties to the merger or acquisition agreement wherein the value of the transaction exceeds one billion pesos (P1,000,000,000.00) are prohibited from consummating their agreement until thirty (30) days after providing notification to the Philippine Competition Commission. True O False Question 40 1 pts Preferred and Redeemable shares may vote in a corporate proposal for Merger and Consolidation. O True O False

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