answer all questins with true or false 1. Preference shares of stock may be issued with par or no-par value.
note: answer all questins with true or false
1.
2. A corporation can be general partner in a partnership.
3. A public corporation is one formed for the government of a portion f the state.
4. All incorporators are subscribers but a subscriber need not be an incorporators.
5. A partnership can be corporator in a corporation.
6. A shareholder in a corporation does not have the right to transact corporate business
or to intervene in the management of the business.
7. A corporation can come into existence by mere agreement of the parties as in the case
of partnerships.
8. Eleemosynary corporations are those organized for public charity.
9. Shares of stock cannot be transferred without the consent of the other shareholders.
10. Shareholders may be natural or juridical persons.
11. Death of s shareholder will dissolve the corporation.
12. A de jure corporation is a corporation existing in fact and in law.
13. Shares without par may be issued for a consideration less than P5.00 per share.
14. A corporation may be an incorporator but not a corporator.
15. All corporations issues shares of stock and are either public or private.
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