1. Piercing the Veil of Corporate Entity

1. What is the doctrine of “piercing the veil of corporate entity?” Explain. 2.5%

2. To what circumstances will the doctrine apply? 2.5%

3. What is the minimum and maximum number of incorporators required to incorporate a stock corporation? Is this also the same minimum and maximum number of directors required in a stock corporation? 2.5%

4. Must all incorporators and directors be residents of the Philippines? 2.5%