The applicability of Article 36 of the Family Code was applied in the case of Republic vs. Molina (268 SCRA 198), which became the standard guideline in psychological incapacity. This case also became to be known as the Molina Doctrine … Read more
SEC. 3. Classes of Corporations. – Corporations formed or organized under this Code may be stock or nonstock corporations. Stock corporations are those which have capital stock divided into shares and are authorized to distribute to the holders of such … Read more
KINDS OF BUSINESS ORGANIZATIONS IN THE PHILIPPINES
1. SOLE PROPRIETORSHIP – one conducted for profit by a lone or single individual who owns all assets, personally owes and answers all the liabilities or suffers all the losses and enjoys all … Read more
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