According to the 'Indoor Management Rule' a Person Dealing with a Company

question 15

Multiple Choice

According to the 'indoor management rule' a person dealing with a company in good faith:

• A)need never be concerned about whether or not the company is complying with its constitution.
• B)should assume that persons acting on behalf of the company are not acting in accordance with the rules of its constitution unless the contrary is proven.
• C)can generally assume that persons acting on behalf of the company are acting according to the rules of its constitution.
• D)cannot legally contract with a person who does not have authority to contract with them under the rules of their company's constitution.

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Definitions:

Mob

A large, disorderly crowd of people, often associated with chaotic behavior or violence.

Dominant

Pertains to a trait that is expressed in the phenotype over a recessive trait when both are present in the genotype.

Milgram

Refers to Stanley Milgram, a psychologist known for conducting experiments on obedience to authority figures.

Obedience

The act of following orders or directions from a figure of authority, often without question.