They regulate different internal matters of the

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South-Western Federal Taxation 2020: Individual Income Taxes
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41. They regulate different internal matters of the corporation such as calling and defining the conduct of the meeting of stockholders and directors. A. Board of directors C. Articles of incorporation B. By-laws D. Proxy
42. The document conferring authority to vote stock in a corporate meeting:
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South-Western Federal Taxation 2020: Individual Income Taxes
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Chapter 20 / Exercise 1
South-Western Federal Taxation 2020: Individual Income Taxes
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43. The minimum requirement of Corporation Law to corporate formation. Authorized Subscribed Capital Paid in Capital
44. Three (3) of the following are attributes of a corporation. Which is the exception?
45. Three of the following are qualifications of the Board of Directors. Which is the exception? A. He must own at least one (1) share of the capital stock B. At least majority of them are citizens of the Philippines C. The shares owned must be recorded in the books of the corporation. D. He must continuously own at least one )1) share of the stock of the corporation
46. The voting requirement to increase or decrease capital stock
47. A dividend payable partly in cash and partly in stocks, as to class of dividend, is a :
48. Bonds which are not secured by any specific mortgage lien of pledge or corporate property but by the general corporation are:
49. These are the rules and guidelines adopted by the stockholders of a corporation for the internal government. A. Rules and regulations C. Minutes of the meetings B. Articles of Incorporation D. By-law
50. Which of these conditions comply with the minimum requirement of the law to corporate formation?

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