« previous next »

Author Question: Officers have a fiduciary obligation not to make any secret financial gain at the expense of the ... (Read 63 times)

kellyjaisingh

  • Hero Member
  • *****
  • Posts: 540
on: Jun 24, 2018
Officers have a fiduciary obligation not to make any secret financial gain at the expense of the corporation.
  Indicate whether the statement is true or false

Question 2

The president of a business corporation does not have implied authority to execute commercial paper in the name of the corporation.
  Indicate whether the statement is true or false


lorealeza77

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Early in the twentieth century, when malnutrition was common, companies such as this one advertised Early in the twentieth century, when malnutrition was common, companies such as this one advertised
Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ... Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ...
Electric and butane-powered soldering guns used to make electrical repairs. Soldering guns are sold ... Electric and butane-powered soldering guns used to make electrical repairs. Soldering guns are sold ...
Two wells are filled with the same antigen, and when they diffuse to the antibody, they make a line ... Two wells are filled with the same antigen, and when they diffuse to the antibody, they make a line ...
Biomass can be processed to make vehicle fuels Biomass can be processed to make vehicle fuels
Environmental and Lifestyle Factors of Weight Gain Environmental and Lifestyle Factors of Weight Gain
Video: Rods and Cones Animation

For a complete list of videos, visit our video library