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Question VII

2015 Bar · Mercantile Law · 1 sub-question

A. A foreign company has been exporting goods to a Philippine company for several years now. When the Philippine company failed to pay the latest exportation, the foreign company sued to collect in the Philippines. The Philippine company interposed the defense that the foreign company was doing business in the Philippines without a license; hence, could not sue before a Philippine court. Is this defense tenable? Explain your answer. (3%) B. Define: 1. Doctrine of apparent authority (2%) 2. Trust fund doctrine (2%)

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