The Securities and Exchange Commission denied the amendment of the Articles of Incorporation of Corporation D because it found out the corporation will be used as a drug den. What is the definite ground of disapproval of the amendment? * O) The certification concerning the amount of capital stock subscribed and/ or paid is false. The required percentage of Filipino ownership of the capital stock under existing laws or Constitution has not O been complied with. () Not substantially in accordance with the Code. () The purpose/'s are patently unconstitutional, illegal, immoral or contrary to government rules and regulationsK is a capitalist partner. In the articles of partnership, it was provided that K's duty was to provide capital only. One day, K was asked to assist the accountant of the partnership so that they can immediately pay the taxes on time. Among the rights of a partner, what can K avail to get payment for the extra hours of work for the partnership?* O None of the above Right to compensation Right to share in the profits O Right to return of capital H is a board of director in Corporation ABC. It was found out that Corporation ABC has more losses than its profits. The urgency to pay the liabilities to third person arose. May the creditor compel H to pay the entire liability of the corporation? * O) No. H has a limited liability to the Corporation Yes. His a co-owner of the corporation so he is liable to all the debts of the corporation None of the above Yes. His a general partner in the CorporationB promised that he will deliver a house and lot for the partnership to use for its manufacturing process. On the agreed date, B was not able to show the partnership the location of the house and lot. Later on, B informed the partnership that the house and lot were burned down. What is the remedy of the partnership against B? *CO The partnership may file a criminal complaint of trespassing against B. () The partnership may file a criminal complaint of estafa against B. () The partnership may file a civil case for judicial settlement of B. O) The partnership may file a civil case to compel B to pay damages. D died due to cancer. He was the designated managing partner. The Securities and Exchange Commission ordered the dissolution of the partnership due to the death of D. What kind of dissolution is applied? * O None of the above O Judicial O Extrajudicial O By operation of law