Shareholders and Stock Market Quiz
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Questions and Answers

What is a corporation?

  • A natural person
  • An artificial being created by operation of law (correct)
  • A judicial entity
  • A stock market

    • What does the Corporation Code of the Philippines describe?

  • Requirements for becoming a judicial entity
  • Requirements for incorporation, issuance of shares, limitations on dividends, definition of legal capital, and procedures for the retirement of stocks (correct)
  • Requirements for trading in the stock market
  • Requirements for becoming a natural person

    • Who can be a shareholder of a corporation?

  • Only judicial entities
  • Only natural persons
  • Neither natural persons nor judicial entities
  • Either natural persons or judicial entities (correct)

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