A, B, C, D and E is organizing a corporation whose Authorized Capital Stock is 64,000 with par value of P50. How much is the minimum paid-up capital requirement under the Revised Corporation Code for the corporation to incorporate?
A, B, C, D and E is organizing a corporation whose Authorized Capital Stock is 64,000 with par value of P50. How much is the minimum paid-up capital requirement under the Revised Corporation Code for the corporation to incorporate?
Chapter20: Corporations And Parterships
Section: Chapter Questions
Problem 42P
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A, B, C, D and E is organizing a corporation whose Authorized Capital Stock is 64,000 with par value of P50. How much is the minimum paid-up capital requirement under the Revised Corporation Code for the corporation to incorporate?
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