What kind of share is referred to as shares which have been issued and fully paid for, but subsequently reacquired by the issuing corporation through purchase, redemption, donation, or some other lawful means? * O Preference share Common share O Founder's share Treasury shareIt was alleged that FEG Corporation is entering into transactions that are not beneficial to the stockholders. This caused the filing of the dissolution by one of the stockholders. What principle can be used to avoid the dissolution? * O Entity principle Autonomy principle Trust fund doctrine Business judgment ruleDirector X is a doctor and a board of director of BEF Corporation. BEF Corporation is engaged in the production of face masks. Director X through his duties in the hospital found out that the Philippine General Hospital is looking for a supplier of face masks. Instead of sharing the information to the BEF Corporation, Director X volunteered himself to be the supplier of face masks. Is this act correct? * () No. Director X took a business opportunity away from the corporation. () Yes. Director X is not acting in behalf of the corporation so he can enter into private contracts. O Yes. Director X is not holding any office in the corporation which gives him the authority to enter into contracts for the corporation. O None of the aboveA group of farmers in Nueva Ecija wants to create a group so that they can help all the farmers in the province specially to add n55 their nancial problems. They approached a student who is very aware of the different principles in Commercial Law and advised them that every member must make sure that they give a contribution so that the money will keep on generating funds which will be used to help the members. What do you think is the best business organization that can be created by the group of farmers? * O Jointventur'e O Corporation [3 Partnership C) Cooperative Statement 1: All applications for registration shall be disposed by the CDA within 60 days from filing. Statement 2: In case of denial of the application, an appeal should be file before the Office of the President. Which of these statements is correct? * O Only Statement 1 O None of the above Statement 1 and Statement 2 O Only Statement 2