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Can you help me with my Assignment about Business Laws and Regulations? THANK YOU IN ADVANCE TUTOR!

1. A owns 100 out of 10,000 shares in the Manufacturer's Bank. He filed a suit against B for damages due to an alleged breach of contract. A secures a favorable judgment against B but fails to obtain full satisfaction thereof. A receives a tip that B has a big time deposit with Manufacturer's Bank. B is not aware that A is a stockholder in the said bank. A goes to the bank and demands the right to inspect the records of the bank to find out whether B has indeed such a time deposit and how much. The bank manager refuses to accede to his demand. A threatens to sue him on the ground that as a stockholder of a corporation, he is given by the Corporation Code the right to inspect all the books of the corporation. Is A entitled to look at such records? Explain.

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2. Philippine Palaces Realty (PPR) had been representing itself as a registered broker of securities, duly authorized by the Securities and Exchange Commission (SEC). On October 6, 2013, PPR sold to spouses Leon and Carina one timeshare of Palacio del Boracay for US$7,500.00. However, its Registration Statement became effective only on February 11, 2014, after the SEC issued a resolution declaring that PPR was authorized to sell securities, including timeshares.

On March 30, 2014, Leon and Carina wrote PPR rescinding their purchase agreement and demanding the refund of the amount they paid, because the Palacio del Boracay timeshare was sold to them by PPR without the requisite license or authority from the SEC. PPR contended that the grant of the SEC authority had the effect of ratifying the purchase agreement (with Leon and Carina) of October 6, 2013. Is the contention of PPR correct? Explain.