Pipe Inc'S Stated Purpose Is to Roast Coffee Beans and Prepare

question 10

Multiple Choice

Pipe Inc.'s stated purpose is to roast coffee beans and prepare coffee and tea products. Pipe contracts with Quality Contracting to pour a new building's foundation because Pipe has an employee with some skill in this area. This is most likely

• A) an ultra vires act.
• B) within the corporation's express powers.
• C) within the corporation's implied powers.
• D) allowable and proper as an act to profit corporate shareholders.

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Definitions:

Higher Values

Principles or standards considered to be of supreme importance, guiding moral behavior or reflecting the ideals of society.

Employee Referrals

A hiring method where current employees recommend candidates for open positions within the organization, often rewarded with incentives for successful hires.

Hiring Volume

The quantity or number of positions a company or organization aims to fill within a certain timeframe, indicating the scale of recruitment activity.

Retention

The ability to keep or hold on to information, people, or objects over a period of time.