問題一覧
1
Which of the following is not a characteristic of a corporation?
Unlimited liability on the part of the stockholders
2
The subscriber of unpaid shares which are not delinquent shall be entitled to the following rights, except the right to:
A stock certificate
3
3.Director may be given compensation through any of the following ways, except by:
The vote of the stockholders representing at least a majority of the outstanding capital stock
4
In which of the following corporate acts is the appraisal right not available?
Investment of funds for the accomplishment of the primary purpose of the corporation
5
Who may vote the shares without the need of any written proxy?
The executor of an estate which owns the shares of stock
6
The following, except one, are qualifications of corporate directors:
Majority are citizens of the Philippines
7
In a corporation, two or more positions may be held concurrently by the same person, except that no one person shall act as:
President and Secretary
8
A private corporation commences to have corporate existence and juridical personality from the date:
The SEC issues it certificate of incorporation under its seal
9
The interest or right of the owner in the corporation's profits or in the net assets of the corporation on dissolution is:
Share of Stock
10
Requirement to effect the amendment of the by-laws of a corporation
Majority vote of the Board of Directors and majority vote of the outstanding capital stock
11
The right of a corporation to exist as a juridical person during its term as stated in its Articles of Incorporation despite the death of any of its stockholders is:
Right of Succession
12
The following person cannot be an incorporator of a corporation:
A corporation organized under the laws of the Philippines
13
This class of shares are those issued for no consideration or inadequate consideration:
Watered shares
14
A religious order is considered as a:
None of them.
15
Place of residence of a corporation shall be its:
Place of incorporation
16
This shall constitute a quorum for transaction of corporate business:
Majority of the directors
17
Juridical personality of a corporation begins:
From the date of issuance of certificate of incorporation
18
Right which the existing stockholders of corporation cannot be deprived without the consent is their right to subscribe or to purchase new stock issued by the corporation; or unissued original stock, in proportion to their holdings before it can be offered to others:
Pre-emptive right
19
The following are the qualifications of incorporators. Choose the exemption:
Majority of whom must be Filipinos
20
These are the shares of stock which have been issued and fully paid for, but subsequently reacquired by the issuing corporation:
Treasury shares