With Respect to Liability for Contractual Obligations,which of the Following

question 15

Multiple Choice

With respect to liability for contractual obligations,which of the following would a law professor most likely say operates in such a way that a corporation is liable to the outsider as opposed to the directors who acted on the corporation's behalf?

• A) doctrine of constructive notice
• B) principles of indemnification
• C) identification principle
• D) principles of agency

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Definitions:

Apical Dominance

The inhibition of axillary (lateral) buds by a shoot tip.

Determinate Growth

A growth pattern in plants and some animals in which growth stops after reaching a certain size or age.

Senescence

The aging process.

Germination

Resumption of growth of an embryo or spore; occurs when a seed or spore sprouts