Dear tutor, please help me with this one. Please Explain the following. Thank you and God Bless! I will really give a positive rating to those who can help me. Please ty pe your answers here. Do not attach a picture of your answer. Thank you. Also, kindly use the most recent applicable law in the Philippines.

Explain or state briefly the rule or reason for your answer. Quote the Article Number to support your answer. 1. Congress passed a proposed law creating a corporation to engage in agricultural activities. Is the law valid? 2. X Inc and Y sisters' companies with the set of officers. May be held liable for the obligations of Y. 3. If the book value of the share of stock in a corporation P100, is this amount also its par value and market value. 4. The articles of incorporation provides that particular class of shares shall be deprived of the right vote. Nevertheless, may they be still entitled to vote? 5. A corporation issued redeemable shares in favor S who informs the corporation of his option to redeem same as provided in the articles of incorporation. Has C corporate creditor the right to object? 6. A corporation voted its treasury shares and received dividends thereon. Can the corporation do these? 7. The treasury shares were acquired by the corporation at P100 per share. May the corporation sell them at P50.00 per share? 8. A stockholder dissatisfied with the manager of the corporation, surrenders his certificate of stock a demand the return of the subscription price paid by Can he rightfully do this