2014 (Commercial Law) Bar Exam Questions: Question 5

[Answer / discuss the question below. Or see 2014 bar exam Commercial Law Instructions; 2014 Commercial Law essay and multiple choice Questions: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28 and 29; See also 2014 Bar Exam: Information, Discussions, Tips, Questions and Results]

V.

A corporation organized under the Corporation Code commences to have corporate existence and juridical personality and is deemed incorporated: (1%)

(A) from the date the application for incorporation is filed with the Securities and Exchange Commission (SEC)

(B) from the date the SEC issues a certificate of incorporation under its official seal

(C) thirty (30) days after the date the application for incorporation is filed with the SEC

(D) thirty (30) days after the date the SEC issues a certificate of incorporation under its official seal

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