Which of the Following Is TRUE Regarding the Legal Capacity

question 18

Multiple Choice

Which of the following is TRUE regarding the legal capacity of the corporation?

• A)Agents can negotiate but not sign contracts on behalf of the corporation.
• B)All contracts need to be placed under the corporate seal.
• C)The corporation can show it is ultra vires to have contracts enforceable.
• D)Authorized officers of the corporation can sign most contracts.
• E)Neither statute nor incorporating documents can limit the capacity.

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Definitions:

Corpus Callosum

A thick band of nerve fibers that divides the cerebral cortex lobes into left and right hemispheres, facilitating communication between the two sides.

Fibers

Threadlike structures forming animal or plant tissue; in neuroscience, often refers to axons and dendrites of neurons.

Epilepsy

A neurological disorder marked by sudden, recurrent episodes of sensory disturbance, loss of consciousness, or convulsions, associated with abnormal electrical activity in the brain.

Split-Brain Operation

A surgical procedure that separates the brain's two hemispheres by cutting the corpus callosum, often used to treat severe epilepsy.