Page 1 of 104 WORKPLACE LAW EXAM 2025 - 2026 SOLVED QUESTIONS & ANSWERS VERIFIED 100% GRADED A+ (LATEST VERSION) WELL REVISED AND HIGHLY RECOMMENDALE 100% GUARANTEE PASS Workplace Law The Articles of Incorporation must be accompanied by a Treasurer's Affidavit certifying under oath, among others, that the total subscription paid is: a. not less than P25,000.00. b. not more than P25,000.00. c. not less than P5,000.00. d. not more than P5,000.00. C A, the proprietor of a fleet of ten taxicabs, decides to adopt, as his business name, "A Transport Co., Inc." May this be allowed? a. No, since "A" is a generic name, not suitable for registration. b. Yes, since such name would give his business a corporate identity. c. No, it would be deceptive since he is a proprietor, not a corporation. d. Yes, since his line of business is public transportation. C The Corporation Code sanctions a contract between two or more corporations which have interlocking directors, provided there is no fraud that attends it and it is fair and reasonable under the circumstances. The interest of an interlocking director in one corporation may be either substantial or nominal. It is nominal if his interest: a.