The only authority possessed by corporations is the powers granted to them in their articles of incorporation and through state incorporation statutes.

Name: The only authority possessed by corporations is the powers granted to them in their articles of incorporation and through state incorporation statutes.
Brand: Quizplus
Rating: 4.7 (56 reviews)

Question

Quizplus · Accepted Answer

Corporations derive their authority from the articles of incorporation and state laws, which outline the powers and limitations of the corporation.

The Only Authority Possessed by Corporations Is the Powers Granted