Generally, a President of a corporation does not have the authority to do any of the following except:
A) make a long-term employment contract.
B) mortgage corporate property.
C) call a special meeting.
D) execute commercial paper in the name of the corporation.
Question 2
Which of the following is an incorrect statement about officers?
A) Their duties are generally set forth in the corporation's bylaws.
B) They have a fiduciary obligation to the corporation.
C) They are agents of the corporation.
D) Their authority as agents is increased if they are shareholders.
Mutualisms, such as those that occur among plants and pollinators, generally involve large numbers o
Mutualisms, such as those that occur among plants and pollinators, generally involve large numbers o
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