Which of the following statements is TRUE? A corporation is only bound in contract if the person acting on behalf of the corporation
A) had actual authority.
B) had actual authority and apparent authority.
C) had actual authority or apparent authority.
D) had apparent authority.
E) had written authority from the corporation.
Correct Answer:
Verified
Q19: Aldus is an officer of Accent Interior
Q20: Vanna is a director of Quorn Co,
Q21: What best describes the circumstances in which
Q22: Ebo Corporation was incorporated under the Canada
Q23: Jelena and Patrick are starting a retail
Q25: Aldo is the vice-president of finance for
Q26: Actual authority of an employee may NOT
Q27: Which of the following statements best describes
Q28: Yasir is a director and the operations
Q29: Elroy was the controlling shareholder and sole
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents