Commercial Law, 2013 Bar — Question MC-II-4

MULTIPLE CHOICE

As a last question and by way of a concrete example, a delegation member finally inquired — which of the following corporations or businesses in the Philippines may it invest in and up to what extent? (1%) A) A lifestyle magazine publication corporation, up to 40% equity; B) An advertising corporation, up to 100% equity; C) A commercial bank, up to 60% equity; D) A jeepney manufacturing corporation, up to 100% equity; E) A real estate development corporation, up to 60% equity.

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