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Author Question: Corporations may ________ officers, directors, employees, and agents when they act in good faith, in ... (Read 29 times)

PhilipSeeMore

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on: Jun 24, 2018
Corporations may ________ officers, directors, employees, and agents when they act in good faith, in a manner not opposed to corporate interests and with no reason to believe their conduct was unlawful.
 A) ratify
 B) breach
 C) indemnify
 D) authorize

Question 2

A corporation may be prosecuted and convicted of: ______.
 A) a criminal offense if its agent committed the offense while acting within the scope of the agent's authority.
 B) an error in business judgment, assuming that no other reasonable corporation would have committed such an error.
 C) operating without a corporate charter if the corporation has never sought a charter from the secretary of state's office, or if its directors and/or officers either knew of should have known that the secretary of state's office had revoked the charter.
 D) none of the above; a corporation itself is not subject to criminal prosecution and conviction.


blfontai

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Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

A


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