The authority of an officer to bind the corporation must expressly flow from the bylaws or through board of director mandates.
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Q1: The officer with the least amount of
Q2: Owners of nonvoting stock who receive a
Q3: A corporate bond issued in the amount
Q3: Debentures are unsecured promises to pay back
Q5: Officers and directors owe fiduciary duties to
Q6: A corporation exists as an independent person
Q8: Any corporation that does not make money
Q8: Corporations may be created by written agreement
Q10: Officers,directors,and controlling shareholders are often called _.
Q12: A person who performs pre-incorporation duties on
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