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Free Legal Advice Philippines » GENERAL PRINCIPLES, UPDATES » LEGAL MATTERS, GEN PRINCIPLES, DOCTRINES, UPDATES » Commercial Law » Corporation Code » Theory of Special Capacity vs Theory of General Capacity

Theory of Special Capacity vs Theory of General Capacity

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corpo


Arresto Menor

Theory of Special Capacity - the corporation cannot exercise powers except those expressly/impliedly given

Theory of General Capacity - a corporation is said to hold such powers as are not prohibited/withheld from it by general law

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Free Legal Advice Philippines » GENERAL PRINCIPLES, UPDATES » LEGAL MATTERS, GEN PRINCIPLES, DOCTRINES, UPDATES » Commercial Law » Corporation Code » Theory of Special Capacity vs Theory of General Capacity

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