Thursday, December 6, 2007
By God's grace and unmerited favor, i was enabled to hurdle my Labor Relations course last semester. In short, i was passed.
To those who read the pagta, this is the soonest time possible for me to post this article.
For our dose of pagta:
A pagta may be entered into by and between persons. Like pagtas, contracts are made by and between persons. For purposes of this article, and succeeding ones, let us adopt some definitions hereinunder.
According to a veteran corporation law professor of the Ateneo de Davao University College of Law, we call him "father" because he is a bona fide member of the Jesuit society, there are two kinds of persons, namely: a natural person and a juridical person.
A natural person is somebody who was born through human procreation. S/he derives personality upon birth except for children who were born in intra-uterine birth (180 days inside the womb and was born) who must live for at least 24 hours to be considered civilly born.
A juridical person on the other hand is a creation of law. The formalities of the law must be strictly followed, not to the letter,
but substantially followed so that a juridical person may be "born".
To those who read the pagta, this is the soonest time possible for me to post this article.
For our dose of pagta:
A pagta may be entered into by and between persons. Like pagtas, contracts are made by and between persons. For purposes of this article, and succeeding ones, let us adopt some definitions hereinunder.
According to a veteran corporation law professor of the Ateneo de Davao University College of Law, we call him "father" because he is a bona fide member of the Jesuit society, there are two kinds of persons, namely: a natural person and a juridical person.
A natural person is somebody who was born through human procreation. S/he derives personality upon birth except for children who were born in intra-uterine birth (180 days inside the womb and was born) who must live for at least 24 hours to be considered civilly born.
A juridical person on the other hand is a creation of law. The formalities of the law must be strictly followed, not to the letter,
but substantially followed so that a juridical person may be "born".
A juridical person is born, so to speak, upon the issuance by the Securities and Exchange Commissons of the Certificate of Incorporation. This is the birth certificate of a corporation.
A natural person has a physical body, whereas a juridical person has none. So how does a juridical person act? According to father, it acts through its board of directors or trustees by way of resolutions.
