Corporation Basics
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Questions and Answers

What is a private corporation defined as in Section 2 of the Revised Corporation Code?

False

A private corporation is a natural person.

False

A private corporation is formed with the consent of the government.

True

A juridical person has a physical body.

<p>False</p> Signup and view all the answers

The Revised Corporation Code is Republic Act No. 11232.

<p>True</p> Signup and view all the answers

True or false: A private corporation is an artificial being created by operation of law?

<p>True</p> Signup and view all the answers

True or false: A private corporation has the right of succession?

<p>True</p> Signup and view all the answers

True or false: A private corporation is granted a legal personality separate from the persons composing it?

<p>True</p> Signup and view all the answers

True or false: A private corporation is formed with the consent of the government?

<p>True</p> Signup and view all the answers

True or false: The Revised Corporation Code is Republic Act No. 11232?

<p>True</p> Signup and view all the answers

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