Title I Flashcards
(3 cards)
1
Q
WHAT IS RCC? (Sec. 1)
A
Revised Corporation Code of the Philippines
2
Q
What are the attributes of a corporation? (Sec. 2)
A
artificial being
created by operation of law
right of succession
powers, attributes, and properties expressly authorized by law or incidental to its existence
3
Q
What are the classes of corporation (in general)? (Sec. 3)
A
Stock and Non-Stock Corporations
