CORPORATION
Storyboard Text
- HMM. ISN'T A PARTNERSHIP AN AGREEMENT AMONG TWO OR MORE PERSONS ONLY?
- DE LA SALLE JOHN BOSCO COLLEGE
- CORPORATION VS. PARTNERSHIP
- OH OH! ALSO PARTNERSHIP HAS UNLIMITED PERSONAL LIABILITY WHILE CORPORATION HAS NONE!
- YES. CORPORATION , ON THE OTHER HAND, HAVE A BIGGER SCOPE WITH NO MORE THAN 100 SHAREHOLDERS!
- CORPORATION VS. PARTNERSHIP
- I BELIEVE BOTH HAS ITS OWN PERKS BUT WHEN I GRADUATE, I REALLY WANT TO FORM A BUSINESS PARTNERSHIP WITH YOU, MAYONNAISE!
- WHICH ONE DO YOU PREFER, JOPAY?
- REALLY, JOPAY?! I DO!
- Lastly, Genossenschaft Theory treats a corporation as the reality of the group as a social andlegal entity, independent of State recognition and concession.
- Means that a corporation was conceived as an artificialperson owing existence through creation by a foreign power.
- CORPORATION
- GOOD JOB! NEXT!
- THEORY OF CORPORATE ENTERPRISE
- WHO CAN TELL ME THE 3 CORPORATION FORMATION THEORIES?
- VERY WELL! LASTLY!
- CORPORATION
- Corporation is not merely an artificialbeing, but more of an aggregation of persons doing business.
- CONCESSION THEORY
- QUIZ BEE
- QUIZ BEE
- QUESTION 1: IT IS ONE EXISTING BOTH IN FACT AND IN LAW.
- QUESTION 2: IT IS ONE EXISTING IN FACT BUT NOT IN LAW.
- QUIZ BEE
- A DE FACTO CORPORATION!
- CONTESTANTS
- CONTESTANTS
- +1
- A DE JURE CORPORATION!
- +1
- QUIZ BEE
- SPECIAL FACT DOCTRINE!
- LAST QUESTION: IT IS ONE EXISTING BOTH IN FACT AND IN LAW.
- +1
- 1ST
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