Author Question: Officers have a fiduciary obligation not to make any secret financial gain at the expense of the ... (Read 64 times)

kellyjaisingh

  • Hero Member
  • *****
  • Posts: 540
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

  • Sr. Member
  • ****
  • Posts: 356
Answer to Question 1

TRUE

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

For a complete list of videos, visit our video library