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.

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Definitions:

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Connections between neurons where dopamine, a neurotransmitter, is released, affecting mood, motivation, and movement.

Central Nervous System

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A serious mental disorder characterized by disturbances in thought, perception, and behavior, leading to a detachment from reality.

Tricyclic Drugs

A class of antidepressant medications used primarily in the treatment of depression and certain anxiety disorders, known for their chemical structure comprising three rings.