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The partnership is in need for an additional capital. As a capitalist partner, B was compelled to remit an additional P100,000.00. Luckily, the partnership was
The partnership is in need for an additional capital. As a capitalist partner, B was compelled to remit an additional P100,000.00. Luckily, the partnership was able to gain more profit than losses. What remedy is available to B to get back the P100,000.00? * O) He has the remedy for return of the capital O) He has the remedy to file for reimbursement He has the remedy for accounting O) He has the remedy for informationA corporation cannot start its operation if the Securities and Exchange Commission (SEC) does not issue the corporation's certificate of incorporation. What principle is applied in this scenario? O Separate and distinct personality of the corporation O Corporation is created by operation of law None of the above O Corporation has a right of successionBefore the partnership was executed, the partners agreed that they will only exist for 10 years. On the 10th year, the partnership started its dissolution. What kind of dissolution is applied? *CQ By operation of law Judicial None of the above Extrajudicial What principle is applied when the properties bought by a corporation is wholly owned by the corporation? This principle also requires that all the properties of the corporation must be used for the benefit of the corporation only. * None of the above ()Separate and distinct personality of the corporation O Corporation has a right of succession O Corporation is created by operation of lawA, B, C, D and E agreed that they will create a partnership. A and B agreed that they will contribute P500,000.00 while C and D agreed to contribute P300,000.00. E, on the other hand, agreed that he will contribute all his properties to the partnership. What partnership was created? General partnership Universal partnership Limited partnership Particular partnership A agreed to contribute P100,000.00 to the partnership so that it will be used for purchasing the coffee beans for the business. A agreed that she will pay the money on February 14, 2023. On the promised date, A was not able to remit the money to the partnership. What is the remedy of the partnership against A? * The partnership may file a criminal complaint of malversation against A. O) The partnership may file a criminal complaint of estafa against A. () The partnership may file a civil case for judicial settlement of A. O) The partnership may file a civil case to compel A to pay the money
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