Corporations offer a range of advantages, including limited liability, access to capital, perpetual existence, enhanced credibility, and the ability to attract talent. However, they also come with drawbacks such as complexity, double taxation, regulatory burdens, potential conflicts of interest, and reduced personal control.

It is necessary to register your business with the DTI to provide it with a legal identity and gain the rights to use your business name. However, a business name (BN) registration is not a license to operate a business.
On the other hand, it is essential for a business to register with the SEC in order for them to be treated as a legal or judicial entity.

The doctrine of corporation by estoppel is founded on principles of equity and is designed to prevent injustice and unfairness. It applies when a non-existent corporation enters into contracts or dealings with third persons. In which case, the person who has contracted or otherwise dealt with the non-existent corporation is estopped to deny the latter’s legal existence in any action leading out of or involving such contract or dealing.

There is no need to present the confidential informant (CI) since the testimony would merely corroborate the testimonies of those who actually witnessed the transaction.

However, if the CI is also the poseur-buyer, there is a need to present him/her.

The month of August is declared as the annual National Lung Month by virtue of Presidential Proclamation No. 1761, series of 1978.

The theme for the 2024 commemoration is “Closing the Gap: Breastfeeding Support for All,” urging both governments and the private sector to reevaluate and enhance policies and workplace arrangements that assist breastfeeding mothers. The Expanded Breastfeeding Promotion Act of 2009, or Republic Act 10028, requires all establishments, whether public or private, to provide support for breastfeeding in the workplace.

“Employers shall require their officials and employees to undergo a random drug test in accordance with the company’s work rules and regulations for purposes of reducing the risk in the workplace. Strict confidentiality shall be observed with regard to screening and the screening results.” (Section C, par. b, subpar. I, DOLE D.O. No. 53, s. 2003)

For a dismissal on the ground of disease to be considered valid, two requisites must concur: (a) the employee suffers from a disease which cannot be cured within six months and his/her continued employment is prohibited by law or prejudicial to his/her health or to the health of his/her co-employees, and (b) a certification to that effect must be issued by a competent public health authority.