The vice president of a corporation:
A) cannot be leading any specific department of the company.
B) has charge of the funds of the corporation.
C) cannot have implied authority.
D) has no authority by virtue of that office.
Correct Answer:
Verified
Q32: Vacancies on the board can be filled:
A)
Q33: A charter option statute authorizes a corporation
Q34: Which of the following does "ex officio"
Q35: Distanet Corporation and Telenex Corporation are competitors
Q36: The _ binds the corporation on receipts,
Q38: A _ authorizes any corporation to adopt
Q39: The _ usually keeps the minutes of
Q40: A law that holds that directors will
Q41: A corporation is:
A) liable for all torts
Q42: A director who has acted in bad
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