An artificial being, invisible, intangible, and existing only in contemplation of law.

A type of cooperative in which it promotes thrift and savings among its members in order to grant loans for production and provident purposes.

It is also known as the Cooperative Code of the Philippines.

A partner who contributes money or property to the common fund of the partnership.

A partner who shares ownership and management of the business and is liable to the extent of his separate property after all the assets of the partnership are exhausted.

The following are the major government institutions involved in business registration EXCEPT

The common disadvantage of sole proprietorship and partnership.

An association of two or more business partners who co-own a business for the purpose of making a profit. • • • •

The most difficult part in business endeavour is much on doing or managing the business itself

In the name of parallelism, launching and starting up the business via entrepreneurial route is likened to a departing plane.

Where to register the single proprietorship type of business?

One of the advantages of sole proprietorship that does not exist in partnership or corporation.

The partner who contributes his knowledge or personal services to the partnership.

The minimum authorized capital requirement for a corporation under the law.

The life expectancy of a corporation under the corporation code.

The minimum required number of incorporators.

The following are the money savings options at start-up EXCEPT

The following are the municipal or city permits to be filed/applied with at startup operations EXCEPT

this type of cooperative is for the primary purpose of procuring commodities in bulk and retail the same to the members and non members

it is where the registration of the articles of incorporation and by laws takes place