Business Organizations — Worked Decisions

A sole proprietor owes a supplier ₱850,000. The business has ₱250,000 available; assume the claim is legally valid and no defence applies. What remains exposed to collection?

A partnership agreement allocates hypothetical distributable profit of ₱2,000,000 at 60% to Partner A and 40% to Partner B. Determine shares, assuming the agreement and distribution are lawful.

A PRC-licensed civil engineer considers a one-person corporation to (A) trade construction materials and (B) offer regulated engineering design in the OPC's name.

Founders assume every Philippine corporation needs a fixed minimum statutory capital stock and must dissolve after 50 years.

Two individually PCAB-licensed contractors propose a joint bid for one Philippine bridge contract, with the JV named as the project bidder.

Two firms collaborate solely on a flood-study feasibility report and will not tender or perform construction work.

A contractor corporation has three shareholders, but a project manager signs a ₱30 million construction contract without documented authority.

A bridge JV agreement assigns Company X 65% and Company Y 35% of a ₱100 million scope. Determine planned work value and decide whether this alone caps liability.

A corporation has valid PCAB construction credentials and employs a graduate engineer who has not obtained professional registration. The owner asks the graduate to sign regulated structural plans.