Commercial Law, 2011 Bar — Question 74

MULTIPLE CHOICE

Several American doctors wanted to set up a group clinic in the Philippines so they could render modern medical services. If the clinic is to be incorporated under our laws, what is the required foreign equity participation in such a corporation? A) 40% B) 0% C) 60% D) 70%

No account needed — submit and the suggested answer appears right here. Connect Google anytime to keep your progress on any device.