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Shareholders in a Corporation Have the Power to Bind the Corporation

question 146

True/False

Shareholders in a corporation have the power to bind the corporation to contracts.


Definitions:

Random Variable

A variable that can take numerical outcomes as its values, which are derived from random events.

Brake To A Stop

The action or process of slowing down or stopping a moving vehicle by applying its brakes.

Normally Distributed

A type of continuous probability distribution for a real-valued random variable with a bell-shaped curve symmetric about its mean.

Collision

In computing and networking, it refers to an event where two or more requests for the use of a single resource overlap, causing an error or delay.

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