The topics below may be relevant to your daily activities, especially those which involve business law, labor law, and other legal areas of your business.
Business Law and Labor Law Updates
SHOULD A PATENT APPLICATION BE PUBLISHED?
A patent application shall be published
Publication of patent application may be prohibited or restricted
Any interested party may inspect the published patent application
CERTIFICATE OF AUTHENTICATION IN LIEU OF NOTARIZATION OF ARTICLES OF INCORPORATION
Securities and Exchange Commission will accept for registration Articles of Incorporation that are accompanied by a Certificate of Authentication signed by all incorporators in the form prescribed by the Commission.
And through the mode of authentication, both the Articles of Incorporation and the Certificate of Authentication need not be notarized nor consularized.
But, the registration of a corporation, which has procured its Certificate of Registration through fraud or misrepresentation, shall be revoked.
WHAT IS A PATENTABLE INVENTION?
A Patent is granted to provide rights and protection to an inventor
A Patent is given after an invention is disclosed to the public
An idea of new invention alone cannot be patented.
WHAT IS A CONTRACT OF LOAN?
Under the Civil Code, there are two kinds of loan- the Commodatum and the Mutuum or simple loan.
In Commodatum, the lender delivers to the borrower a non-consumable thing so that the borrower may use it for a certain time and return the identical thing.
In Simple Loan or Mutuum, the lender delivers to the borrower money or other consumable thing upon the condition that the latter shall pay the same amount of the same kind and quality.
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