What is the implied minimum authorized capital stock for an ordinary stock corporation?

In the context of corporate formations, specifically regarding the Philippines, the question addresses the minimum authorized capital stock required for an ordinary stock corporation. The correct response indicates that there is no specified minimum authorized capital stock for ordinary stock corporations.

Legislation pertinent to corporate governance defines that while certain corporations may have requirements for minimum capital stock, ordinary stock corporations do not adhere to a fixed minimum threshold. Instead, corporations have the flexibility in determining their capital requirements based on their business needs and plans, effectively allowing for greater autonomy in setting up their businesses.

It’s important to recognize that this situation can vary based on jurisdiction and specific business types, which is why the choice indicating “none” is appropriate here. The other options provided reflect specific minimum capital amounts, which don't apply to ordinary stock corporations under the relevant regulations.