A Director Acting Alone Does Not Generally Have Implied Authority

question 63

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:

Overthink

The act of thinking about something too much or for too long, often leading to unnecessary worry or anxiety.

Bulimia Nervosa

An eating disorder characterized by episodes of binge eating followed by purging, excessive exercise, or fasting to prevent weight gain.

Binge Eating

The consumption of large quantities of food in a short period of time, often accompanied by feelings of loss of control and distress.

Purges

The act of forcibly removing undesirable elements or people, often used in political contexts but also applicable to cleansing actions in various domains.