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1. Which of the following pleadings or motions is permitted in corporate rehabilitation proceedings?a. Motions to dismissb. Interventionc. Third-party complaintd. None of the foregoing2. One of the following is an improper venue for filing the petition for rehabilitation:3. Which of the following is uncharacteristic of rehabilitation proceedings on corporations, partnerships and associations under the Rules of Procedure on Corporate Rehabilitation?4. Which of the following claims is covered by the “stay order?”Page 51 of 62
REGULATORY FRAMEWORK ON BUSINESS TRANSACTIONS TEST BANK5. Which of the following liabilities is prohibited from being paid by the debtor during its rehabilitation?a. Payment to suppliers for goods or services supplied after issuance of the stay order.b. Payment in full of the fees of the Rehabilitation Receiver and all persons employed by him.c. Payment of new loans obtained for the rehabilitation of the debtor with prior court approval.d. Payment of secured loan where security is about to be foreclosed.6. Which of the following circumstances will qualify a person to be appointed as a Rehabilitation Receiver?7. Which of the following activities of foreign corporations where held by the Court as “not doing business in the Philippines?”