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.The Articles of Incorporation of X Jewelers Corporations states: Second: That the primary purpose ofthis corporation is to engage in the business of manufacturing goods
- .The Articles of Incorporation of X Jewelers Corporations states: "Second: That the primary purpose ofthis corporation is to engage in the business of manufacturing goods such as jewelry and to trade thesameonwholesale."Isitqualified toengageinjewelryassaying andrefiningactivitiesifthesameisnotexpresslyprovided forassecondarypurpose?Ifyes,whatkindofpowerisit?
- .Suppose "X" Corporation has an authorized capital stock of P1M divided into 100,000 shares of stockwith par value of P10.00 each. Give two (2) ways whereby said authorized capital stock might increasetoaboutP1.5M.
- SupposethattherightofacorporationtosueandbesuedisnotexpresslyprovidedforintheCorporationCode andArticlesofIncorporation.Cana corporationstillpractice thispower?Explain.
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Legal Environment Of Business Online Commerce Ethics And Global Issues
Authors: Henry R. Cheeseman
8th Edition
013397331X, 978-0133973310
