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Corporate Actions and the Required Vote

Corporate Action Required Board Vote Required Stockholder/Member Vote Amendment of the Articles of Incorporation (AOI) Majority vote of the board. 2/3 of the outstanding capital stock (or members). Extension or Shortening of

Trademark vs. Copyright vs. Patent

Feature Patent Trademark Copyright Object Protected An invention (product, process, or improvement) that provides a technical solution to a problem. A visible sign capable of distinguishing goods (trademark) or services (service mark).

Presumptive Death

Chart Overview for Presumption of Death Purpose or Claim Number of Years Source For all purposes, except for succession 7 years Art. 390 For the purpose of opening succession (general rule) 10

Jurisdiction of States

Jurisdiction, in the context of states, is the power of a state to affect legal interests. It is an attribute of sovereignty that confers, through law, the power and authority to apply

State Immunity

The doctrine of State Immunity, also known as “the royal prerogative of dishonesty,” posits that the State cannot be sued without its consent. This fundamental principle is enshrined in the Constitution to

Compilation of Bar Tips

In random order. From various sources. These are not absolute. Use at your own discretion. On Answering/During Exam Sayings

When did the New Civil Code take effect?

Under RA 388 last line, you will see there that the New Civil Code was approved on June 18, 1949. However, it specifically provided that it shall take effect one year after

What is HMO Insurance in the Philippines

A Healthcare Management Organization is a type of managed care organized in accordance with law to provide pre-agreed or designated health care services to its enrolled members for a fixed periodic fee

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