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    Business Law Study Set 3
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    Exam 37: Corporate Formation and Financing
  5. Question
    Because Corporate Officers Have the Implied Power to Bind the Firm
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Because Corporate Officers Have the Implied Power to Bind the Firm

Question 130

Question 130

True/False

Because corporate officers have the implied power to bind the firm in matters directly connected to its business, there is no limit to what the officer can do.

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