Business Organization:

Based on our findings and understanding, the form of business organization of

Concrete Hollow Block is Corporation. As shown above, the manufacturers of concrete
hollow blocks in the Philippines are Corporation. By the definition, A Corporation,
chartered by the state in which it is headquartered, is considered by law to be a unique
entity, separate and apart from those who own it. It can be taxed; it can be sued; it can
enter into contractual agreements. For example, these corporations can be sued if they
enter into a contractual agreement with a client for construction of high rise building and
they use a substandard concrete hollow block.