« previous next »

Author Question: Generally, a President of a corporation does not have the authority to do any of the following ... (Read 192 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
on: Jun 24, 2018
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.


fraziera112

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

D

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

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
Examples of USP labels Source: Courtesy of Novartis Pharmaceuticals Corporation and Mallinckrodt Pha Examples of USP labels Source: Courtesy of Novartis Pharmaceuticals Corporation and Mallinckrodt Pha
According to this Democratic cartoon, the only qualification of General Zachary Taylor, the Whig can According to this Democratic cartoon, the only qualification of General Zachary Taylor, the Whig can
The Tennessee Valley Authority The Tennessee Valley Authority
Apple Corporation, Macintosh computer, Cupertino, California. Apple Corporation, Macintosh computer, Cupertino, California.
The following information relates to the Cutting Department of Kittina Corporation for the ... The following information relates to the Cutting Department of Kittina Corporation for the ...
Video: Darwin's Observation (Fossils, Galapagos Islands & Africa ) and Natural Selection (Adaptive Traits)

For a complete list of videos, visit our video library