Resa law - Study guides, Class notes & Summaries

RESA Partnership and Corporation Exam Questions and Answers|100% Pass A. A partnership is created by voluntary agreement of the partners, whereas a corporation is always created by some express legislative authority either in the form of a special law or of a general law. - Answer-What is an essential difference between a partnership and a corporation? A. A partnership is created by voluntary agreement of the partners, whereas a corporation is always created by some express legislative aut...

RESA - RFBT PART 2 QUESTIONS AND ANSWERS |100% PASS b. 2/3 - Answer-Any director or trustee of a corporation may be removed from office by a vote of the stockholders holding or representing at least ___________ of the outstanding capital stock. a. 1/2 b. 2/3 c. 3/4 d. All c. Per diems - Answer-In the absence of any provision in the bylaws fixing their compensation, the directors or trustees shall not receive any compensation in their capacity as such, except for reasonable ________. a...

Prepare for your RESA Law (R.A. 9646) Exam with confidence using this comprehensive set of 120 practice multiple-choice questions! This meticulously crafted resource covers all the essential aspects of the Real Estate Service Act, including the roles and responsibilities of real estate service practitioners, licensing and registration requirements, code of ethics, real estate transactions, and relevant laws such as the Subdivision and Condominium Buyers' Protective Decree, the REIT Act, the Con...

1. Prior to the RESA law, the law that governed the real estate service practice is: A. DTI Ministry Order No. 39, Series of 1985 B. DTI Code of Commerce C. DTI Ministry Order No. 85, Series of 1989 D. Real Estate Service Act of the Philippines - DTI Ministry Order No. 39, Series of 1985 Explanation: Real Estate Service Practice was formerly under THe supervision and regulation of the Department of Trade and Industry particularly the Bureau of Trade Regulation and Consumer Protection (BTR...

1. Prior to the RESA law, the law that governed the real estate service practice is: A. DTI Ministry Order No. 39, Series of 1985 B. DTI Code of Commerce C. DTI Ministry Order No. 85, Series of 1989 D. Real Estate Service Act of the Philippines - DTI Ministry Order No. 39, Series of 1985 Explanation: Real Estate Service Practice was formerly under THe supervision and regulation of the Department of Trade and Industry particularly the Bureau of Trade Regulation and Consumer Protection (BTRCP). Th...