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X is a Filipino immigrant residing in Sacramento, California. Y is a Filipino residing in Quezon City, Philippines. Z is a resident alien residing in

X is a Filipino immigrant residing in Sacramento, California. Y is a Filipino residing in Quezon City, Philippines. Z is a resident alien residing in Makati City. GGG Corporation is a domestic corporation - 40% owned by foreigners and 60% owned by Filipinos, with T as authorized representative. CCC Corporation is a foreign corporation registered with the Philippine Securities and Exchange Commission. KKK Corporation is a domestic corporation (100%) Filipino owned. S is a Filipino, 16 years of age, arid the daughter of Y.

  1. Who can be incorporators? Who can be subscribers?
  2. What are the differences between an incorporator and a subscriber, if there are any?
  3. Who are qualified to become members of the board of directors of the corporation?
  4. Who are qualified to act as Treasurer of the company?
  5. Who can be appointed Corporate Secretary?

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