Author Question: Officers have a fiduciary obligation not to make any secret financial gain at the expense of the ... (Read 43 times)

kellyjaisingh

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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

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Answer to Question 1

TRUE

Answer to Question 2

TRUE



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