Which of the following is NOT a qualification of a corporate president?

• A. He must be a resident citizen of the Philippines
• B. He must be a director of the corporation
• C. He must a stockholder of the corporation
• D. He must neither be a secretary nor a treasurer of the same corporation

Answer: (A)

The question tests who is eligible to hold the office of corporate president under standard corporate governance rules. A corporate president is typically elected by the board from among the directors, and the role is usually tied to being a director and aligning with stock ownership and governance practices (such as not simultaneously holding the secretary or treasurer roles to keep duties separate). Importantly, there is no requirement that the president must be a resident citizen of the Philippines. That residency condition is not stated as a qualification for the position, so it is the statement that does not fit with the other qualifications.