BULK 12.

Close corp/going private corp

- corpo 13. Modes of corp dissolution - involuntary/voluntary

- Insurance 14. Doing business

- Nego

NEGO

1-2 ques 1. Forgery

- lip 2. Elec msgs non nego

- FRIA 3. 24 hr clearing x apply materially altered

- Other laws 4. Fictitious payee rule

5. Sec 14

TOPICS: FRIA 6. Sec 1

1. Define rehab 7. Sec 52

2. Explain nature rehab/liquid/suspension 8. Sec 2 stated instalments reqs

3. 2 fold purpose corp rehab 9. Sec 3

4. Doctrine equality is equity - all creditors stand on 10. Sec 4c

equal footing; no preference
11. Sec 5 or
5. Distinguish liquid v rehab. Can you file rehab after
liquid? Vice versa? 12. Order vs bearer

6. Exc to stay order 13. Sec 40

7. How to convert rehab proceedings to liquid 14. Sec 47a

8. Court supervised rehab voting req 15. Sec 51&57

9. Pre negotiated rehab voting req 16. Payee-> Hidc? Yes; acceptor->hidc? No

10. Out of court rehab voting req 17. Effects of crossing a check

18. Rights of hidc 51,57

CORPO 19. Holder presumed hidc

1. Narra nickel case 20. Liabilities of parties

2. Liability of dir/off/trustees 21. 29

3. Apparent authority; business j rule; corp opportunity 22. Defenses

4. Ultra vires requisites for ratification 23. Forgery

5. Trust fund doctrine

6. Merger INSURANCE

7. Moral damages corp 1. Sec 48

8. Piercing veil 2. Subrogation exceptions

9. Voting requirements 3. Illegit child qualified as Beneficiary

10. Pre emptive right instances 4. Unfair claims settlements

11. Derivative suit 5. Cash & carry rule

6. Insurable interest in life vs prop 11. COGSA

7. Sec 119 12. Notice of loss not required in COGSA

8. Materiality - not determined by event but solely on

the probability
LETTERS OF CREDIT
9. Double ins vs reinsurance
1. Independence principle
10. Marine insurance sec 126 proper deviation
2. Fraud exception
11. Constructive loss
3. Strict compliance
12. Other insurance clause; no fault indemnity;
authorized driver; all risk clause

13. Suicide clause TRUST R

14. Seaworthiness 1. Securities transaction

2. Estafa

BANKING

1. Power of bsp thru MB to appoint conservator LIP

(1yr)/receiver (90d)
1. Test of relatedness in GSIS fam bank v BPI fam
2. Close now hear later bank

3. Bailor bailee rel safety deposit box 2. Internationally well known mark

4. DOSRI 3. Infringement vs unfair compe

5. Redemption by bank 3mos 4. Holistic - entirety of marks

6. Kinds of banks 5. Dominancy - prevalence of features

7. Deposit substitutes 6. Pre disclosure - once disclosed, open to all

8. EO diligence 7. Fair use

9. RA 1405 8. TM dilution

10. AMLA 9. Doctrine of equivalents

10. News footage copyrightable

TRANSPO

1. 1734 SRC

2. Common vs private carrier 1. Howey test

3. 3 fold functions of bill of lading 2. Tender offer

4. EO diligence 3. Exempt securities

5. Affreightment vs bareboat 4. Exempt transactions

6. Maritime protest reqs 5. Who are insiders and what is considered as insider
trading
7. Limited liability

8. Inscrutable fault

9. Error in extremis

10. Workmens compensation act - negligence +

death