Author Question: Corporations may ________ officers, directors, employees, and agents when they act in good faith, in ... (Read 68 times)

PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
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

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

For a complete list of videos, visit our video library