Under the Revised Corporation Code, the addition of which will make the corporation distinguishable? If the name of the corporation contains the word corporation, company,
Under the Revised Corporation Code, the addition of which will make the corporation distinguishable?
If the name of the corporation contains the word "corporation", "company", "incorporated", "limited", or an abbreviation of one of such words
If the name of the corporation contains punctuations, articles, conjunctions, contractions, prepositions, abbreviations, different tenses, spacing, or number of the same word or phrase.C. Either A or B
D. Neither A nor B
8. How may the right to exercise corporate powers or the corporate existence of a De Facto Corporation be attacked?
Directly only by state through Solicitor General in Quo Warranto Proceedings
Only directly by creditors in a civil case
Only directly by Fiscal in a criminal case
Either directly or collaterally in a private suit to which such corporation may be a party
9. What is the policy-making or governing body of a private corporation?
General partners
Board of Directors/Trustees
General manager
Council of elders
10. Which of the following statements concerning number of directors/trustees of a corporation is false?A. In a stock corporation, it must not be less than five nor more than fifteen.
In ordinary non-stock corporation, the board of trustees must be at least 5 but may be more than 15 in number.
Trustees of non-stock educational corporation shall be 5 or 10 or 15.
In a corporation sole, the number of directors is at least 5.
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