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Question 67 Which of the following is not considered as doing or transacting business with respect to activities of a foreign corporation? O Appointing a

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Question 67 Which of the following is not considered as "doing or transacting business" with respect to activities of a foreign corporation? O Appointing a representative or distributor domiciled in the Philippines which transacts business in its own name and for its own account O Soliciting orders, purchases and service contracts O Participating in the management, supervision, or control of any domestic business firm or entity in the Philippines O Opening liason offices or branches Question 68 In a One person Corporation, which of the following positions may the single stockholder not be appointed? O Treasurer O President Director O Corporate SecretaryQuestion 69 1 pts A provisional director in a close corporation is - O A director with a corporate vision O an impartial person who is neither a stockholder nor a creditor of the corporation or any of its subsidiaries or affiliates O A regular director who wishes to be named as such O A director in charge of provisions in case of emergency Question 70 1 pts The dissenting stockholder who votes against a proposed corporate action may exercise the right of appraisal by making a written demand on the corporation for the payment of the fair value of shares held. This demand should be made within _____ day/s from the date on which the vote was taken. O 60 O 30 O1 O 10

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