business Which of the following statements is incorrect a If Show King gets

Business which of the following statements is

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business. Which of the following statements is incorrect a. If Show King gets involved in the management and takes part in the control of the business, he shall be liable as a general partnerb. As a limited partner, Show King shall be liable to the partnership for the difference in amount between his actual contribution and the sum stated in the certificate.c. As a limited partner, Show King shall receive or hold any partnership property as collateral security.d. Shiken Joy is liable up to the extent of her personal assets while Show King is liable up to the extent of his investment onlyThe following may cause dissolution of a partnership, except
Problem 1. XYZ and Co. Inc. has authorized capital stock of Php50,000 divided into 500 shares. Php15,000 shares of the authorized capital stock was subscribed.How many shares were subscribed? = 50,000/500=100, 15000/100 = 150 Problem 2. ABCD Inc. has authorized capital stock of P100, 000 divided into 1,000 shares. Php30,000 shares of the authorized capital stock was subscribed and the paid up capital is Php10,000.00. All other documentary requirements are complete.How many were subscribed? = 10,000/1000=100, d. 300Del Monte Philippines Inc. is a/an _________________________. Problem 1. XYZ and Co. Inc. has authorized capital stock of Php50,000 divided into 500 shares. Php15,000 shares of the authorized capital stock was subscribed.How much is the par value per share? 50,000/500 = 100/- d. Preferred share of stockRoman Catholic Church is a/an _________________________. Problem 2. ABCD Inc. has authorized capital stock of P100, 000 divided into 1,000 shares. Php30,000 shares of the authorized capital stock was subscribed and the paid up capital is Php10,000.00. All other documentary requirements are complete.How many shares were be paid-up? 100000/1000=100
A de facto corporation is one which actually exist for all practical purposes as a corporation but has defect in the compliance with the mandatory legal requirements

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