CORPORATION

Nationality of Corporations

A. Place of Incorporation Test

a. Define Domestic Corporation
b. Define Foreign Corporation

B. Discuss Control Test

a. When to apply control test?

C. Discuss Grandfather Rule

Corporate Juridical Personality

A. What is the concept of Doctrine of Separate Juridical Personality?

B. Discuss the concept of piercing the veil of corporate entity.
a. Grounds for application of doctrine

Incorporation and Organization

A. What is a Promoter?
a. Liability of Promoter
b. Liability of Corporation for Promoter’s Contracts

B. Discuss the Steps in Incorporation

C. Number and Qualifications of Incorporators
D. Limitations on Use of Corporate Name
E. Discuss Corporate Term
F. Minimum Capital Stock and Subscription Requirements
G. Articles of Incorporation
a. Nature and Function of Articles
b. What are the Contents?
c. Discuss Amendment of Articles of Incorporation
d. Discuss Registration and Issuance of Certificate of Incorporation
e. Discuss Adoption of By-laws