Under Section 22 of the Revised Corporation Code, a director or trustee may hold office until the successor is elected and qualified.  The principle is applicable provided that the failure to elect the new set of directors/trustees was due to valid and justifiable reasons.

To prove good faith, a buyer of registered and titled land need only show that he relied on the face of the title to the property.

Managerial employees are not eligible to join, assist or form any labor organization. Supervisory employees shall not be eligible for membership in the collective bargaining unit of the rank-and-file employees but may join, assist or form separate collective bargaining units and/or legitimate labor organizations of their own. (Article 255, Labor Code.)

The last Monday of March of every year is declared as “Women with Disabilities Day”, according to Proclamation No. 744, series of 2004.

The 1987 Philippine Constitution explicitly prohibits foreign nationals from purchasing property in the Philippines.  

The Labor Code prohibits managerial employees and confidential employees to join, form, or assist labor organizations.

In the absence of authority from the board of directors, no person, not even its officers, can validly bind a corporation.

Disability refers to “any loss or impairment of the normal functions of the physical and/or mental faculty of a member which reduces or eliminates his/her capacity to continue with his/her current gainful occupation or engage in any other gainful occupation.”

The Trust Fund Doctrine enunciates a rule that the property of a corporation is a trust fund for the payment of creditors, but such property can be called a trust fund only by way of analogy or metaphor.

A certificate of title is an absolute and indefeasible evidence of their ownership of the property. It serves as evidence of an incontrovertible title to the property in favor of the person whose name appears therein.