A Director Acting Alone Does Not Generally Have Implied Authority

question 47

Multiple Choice

A director acting alone does not generally have implied authority to bind a company unless that director is:

• A)An active director.
• B)A CEO or governing director.
• C)On the board of directors.
• D)A partner in the company.

---

Definitions:

Substitute

A person or thing acting or serving in place of another, often used in the context of replacing ingredients in recipes or personnel in workplaces.

Conjunction

The act of joining or the state of being joined, or in grammar, a word used to connect clauses or sentences.

Connects Words

A function typically served by conjunctions in language, linking words, phrases, or clauses within sentences.

Punctuation Mark

Symbols used in writing to separate sentences and clarify meaning, including commas, periods, question marks, and exclamation points.