Quiz
TITLE I GENERAL PROVISIONS RA 11232
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Fragen in diesem Quiz (19)
1Section 2. Corporation Defined. - A corporation is an [blank_start]artificial being[blank_end]
- Aartificial being
- Bdivine being
- Cmalicious being
2Section 2. Corporation Defined. - A corporation is an artificial being [blank_start]created by operation of law[blank_end]
- Acreated by operation of law
- Bcreated by God
- Ccreated by men
- Dcreated by cats
3Section 2. Corporation Defined. - A corporation is an artificial being created by operation of law, [blank_start]having the right of succession[blank_end]
- Ahaving the right of succession
- Bhaving diarrheas
- Chaving mental issues
- Dhaving the right of voice
4Section 2. Corporation Defined. - A corporation is an artificial being created by operation of law, having the right of succession and the [blank_start]powers, attributes, and properties[blank_end] expressly authorized by law or incidental to its existence.
- Apowers, attributes, and properties
- Bpower and glory are yours
- Cchicken is sour
- Dmoment of truth
5Stock corporations are those which have [blank_start]capital stock divided into shares[blank_end] and are authorized to distribute to the holders of such shares, dividends, or allotments of the surplus profits on the basis of the shares held.
- Acapital stock divided into shares
- Bbody odor
- Ccapital and assets
- Dsufficient capital and assets
6Corporations created by special laws or charters shall be governed primarily by
- Athe provisions of the special law or charter creating them or applicable to them
- Bthe provisions of the corporation code
- Cthe provisions of the articles of incorporation
- Dthe provisions of the law
7Corporators are those who
- Acompose a corporation, whether as stockholders or shareholders in a stock corporation or as a members in a nonstock corporations.
- Bwants to take over the world
- Chave congregation of mutual interest
- Dwants to get rich
8Incorporators are those stockholders or members mentioned in the articles of incorporation as
- Aoriginally forming and composing the corporation and who are signatories thereof.
- Boriginally original
- Coriginally forming part of the corporation
- Doriginally pinoy music
9Holders of nonvoting shares shall nevertheless be entitled to vote on the following matters;
- AAmendment of the articles of incorporation;
- BAdoption and amendment of bylaws;
- CSale, lease, echange, mortgage, pledge, or other disposition of all or substantially all of the corporate property;
- DIncurring, creating, or increasing bonded indebtedness;
- EIncrease or decrease of authorized capital stock;
- FMerger or consolidation of the corporation with another corporation or other corporations;
- GInvestment of corporate funds in another corporation or business in accordance with this Code;
- HDissolution of the corporation.
- IFailure to file an annual report or pay taxes
- JFraud in procuring incorporation
10Except as provided in the immediately preceding paragraph, the vote required under this Code to approve a particular corporate act shall be deemed to refer only to [blank_start]stocks with voting rights[blank_end].
- Astocks with voting rights
- Bchicken stock
- Cstocks with unli power
- Dstocks with voting power
11The classification of shares, their corresponding rights, priviledges, restrictions, and their stated par value, if any, must be
- Aindicated in the articles of incorporations.
- Bindicated in the by-laws
- Cindicated in the corporate books
- Dindicated in the receipt
12Each share [blank_start]shall be equal in all respects[blank_end] to every other share, except as otherwise provided in the articles of incorporation.
- Ashall be equal in all respects
- Bshall be recorded in all respects
- Cshall be stated in all respects
- Dshall be recorded in the corporate books
13Each share [blank_start]shall be equal in all respects[blank_end] to every other share, except as otherwise provided in the articles of incorporation and in the certificate of stock.
- Ashall be equal in all respects
- Bshall be recorded in all respects
- Cshall be recorded in all aspects
- Dshall be integrated in the books
14No share may be deprived of voting rights except those classified and issued as ___________ unless otherwise provided in this Code: Provided, That there shall be a class or series of shares with complete voting rights.
- Apreferred shares
- Bredeemable shares
- Cequity shares
- Dpersonal shares
- Ecorporate shares
15Preferred shares of stock issued by a corporation may be given preference in the
- Adistribution of dividends and in the distribution of corporate assets in case of liquidation, or such other preferences
- Bdistribution of assets in case of liquidation
- Cdistribution of dividends in case there is retained earnings
- Ddistribution of capital assets in case of dissolution
16Preferred shares of stock may be issued only
- Awith a stated par value.
- Bwith a stated value
- Cwith a statement of account
- Dwith a record of stated value
17May the BOD fix the terms and conditions of preferred shares of stock or any series thereof?
- ARichtig
- BFalsch
18Where the exclusive right to vote and be voted for in the election of directors is granted, it must be for a limited period not to exceed [blank_start]five (5) years[blank_end] from the date of incorporation
- Afive (5) years
- Bthree (3) years
- Cten (10) years
- Dseven (7) years
- Etwenty (20) years
19T[blank_start]reasury shares[blank_end] are shares of stock which have been issued and fully paid for, but subsequently r[blank_start]eacquired[blank_end] by the issuing corporation through p[blank_start]urchase[blank_end], r[blank_start]edemption[blank_end], d[blank_start]onation[blank_end], or some other lawful means. Such shares may again be disposed of for a reasonable price fixed by the board of directors.
- Aurchase
- Bedemption
- Conation
- Deacquired
- Ereasury shares
Informationen
- Beschreibung
- An Act Providing for the Revised Corporation Code of the Philippines
- Autor
- Hei Degger
- Sprache
- English
- Aufrufe
- 423
- Schlagwörter
- Bewertung
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