Solved

A Corporation Is Liable for an Unauthorized Act of a Corporate

Question 51

Multiple Choice

A corporation is liable for an unauthorized act of a corporate officer


A) provided everything appears to be regular on its face.
B) especially where he acts outside his normal and usual authority.
C) provided it is not expressly prohibited in the charter.
D) especially when a contracting third party has read or knows of the restriction.
E) even if the third party notes suspicious circumstances.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions