Corporation Code

1. Name the attributes of a Corporation.

2. Discuss grandfather rule.
3. How doctrine of piercing the veil of corporate entity applies?
4. Are directors and trustees shall be held jointly and severally liable for damages
suffered by the corporation?
5. What is right of succession?
6. Differentiate De Jure Corporation and De Facto Corporation
7. Know the following:
a. Incorporators
b. Corporators
c. Stockholders and members
d. Directors and Trustees
e. Corporate officers
f. Promoter
8. Name some fully nationalized corporations.
9. Mangingisda Corporation is a nationalized industry. Can Fisher, a foreign
national invest and be a stockholder? Decide with reasons.
10. Why the principal place of business stated in the articles of incorporation?
11. Differentiate Authorized capital stock from subscribed capital stock from paid-up
capital from outstanding capital and capital.
12. What is the process of amending the articles of the incorporation?
13. Can Security and Exchange Commission revoke a corporation’s certificate of
registration? In what instances?
14. What are the valid requisites of by laws?
15. State the powers of a corporation and who may exercise such power?
16. Explain Ultra Vires Act.
17. Are declaring dividends mandatory?
18. Discuss Trust Fund Doctrine.
19. A company has a retained earning set aside for expansion, due to Covid, the
expansion will be delayed. Can the retained earnings declare as dividends?
20.How does capital stock increase and decrease?
21. How does business judgement rule apply?
22. Discuss the Doctrine of Corporate Opportunity.
23. What is an interlocking director?
24. Name the corporate officers of a corporation.
25. Discuss underwriting agreement?
26. Differentiate share of stock from certificate of stock.
27. Discuss watered shares.
28. Enumerate the rights and obligations of being a shareholder.
29. Discuss pre-emptive right.