Yes or No: Evaluate whether of them are legally allowed as opposed to those that are sanctioned by law. State Yes, if it can be legally undertaken by a corporation; No, if it's something that corporations aren't allowed to do.

1. Given the need of corporation to ensure that it had sound internal accounting systems, it has included among its purposes, to provide advice and coaching for to entities, natural or otherwise;
2. The bylaws of the corporation provides that redeemable shares issued by the corporation may only be purchased back with the use unrestricted retained earnings.
3. Its treasurer should be a director who shall be a resident of the Republic of the Philippines.
4. The subscription value of no-par value shares shall be fully-paid and non- assessable in exchange for the legal services to be rendered by its in-house counsel.
5. Holder of non-voting shares shall be deprived of the right to vote on the merger or consolidation of the corporation with other corporations.
6. No stockholder will be allowed to vote via proxy or representative during the annual stockholders' meeting.
7. A stockholder is qualified to be a director if he has in his name, in the stock and transfer book of the corporation, at least 1000 shares of stocks.
8. Despite not being a close corporation, shares of stocks of corporations may be transferred only to relatives of the stockholder by affinity or consanguinity.
9. Books of the corporation and all documents related to its formation, organization and operations must be kept in the principal place of business of the corporation.
10. The directors may decide on the amendment of the articles of incorporation when delegated by then stockholders by vote of 2/3 of the outstanding capital stock holders.