
sasa
Quiz
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Social Studies
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12th Grade
โข
Practice Problem
โข
Easy
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46 questions
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1.
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45 sec โข 1 pt
An artificial being created by operation of law formed by five or more persons.
2.
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45 sec โข 1 pt
The process of formalizing the organization of a corporation.
3.
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45 sec โข 1 pt
A corporation organized under the Philippine laws.
4.
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45 sec โข 1 pt
The persons who originally formed the corporation.
5.
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45 sec โข 1 pt
Costs incurred in connection with the incorporation. They include cost of printing stock certifications and filing fees
6.
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45 sec โข 1 pt
A value that may be assigned to no-par stock by the board of directors of a corporation
7.
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45 sec โข 1 pt
Class of share capital which entitles the holder to an equal or pro-rata division of profits without any preference or advantage over any class of stock
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