Author Question: A corporation is liable to a third person for the act of its agent: ______. A) to the same extent as ... (Read 224 times)

jho37 · **on:** Jun 24, 2018

A corporation is liable to a third person for the act of its agent: ______.
A) to the same extent as a natural person would be liable.
B) only if the agent was expressly authorized to perform the act.
C) only if the agent's act was a crime.
D) only if the agent's act was based on an intent to benefit the corporation.

Question 2

The means by which stockholders may seek to protect themselves against corporate actions to which they object include all of the following except: ______.
A) voting in new directors.
B) bringing legal action.
C) voiding the charter.
D) calling a special stockholders' meeting.