About this document
Quiz Covergae Corpo by Aljie Gallardo is a document available to read on EtoBox.
The document outlines the powers of corporations as defined in Section 35 of the Revised Corporation Code, including express, implied, and incidental powers. It emphasizes that corporations can only act within the authority granted by law, their Articles of Incorporation, or bylaws, and any actions beyond these powers are considered ultra vires and may be voidable. Additionally, it discusses the implications of lacking bylaws and the conditions under which a corporation can stretch its purpose clause.
- Author
- Aljie Gallardo
- Language
- EN