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A corporation is an artificial being created by law that has rights of succession and powers authorized by law. It is a creature of limited powers under the ultra vires doctrine. A corporation acquires juridical personality from the date of its SEC certificate of incorporation. It has four inherent attributes - it is an artificial being, created by law, has right of succession, and only has powers expressly authorized by law. There are two main theories on corporate existence - the theory of concession whic

Author

Alvin Aparijado Emolaga

Language

EN