The Ability of a Corporation to Enter into Contracts Is

question 27

Multiple Choice

The ability of a corporation to enter into contracts is limited by __________.

• A) its powers as contained in or inferred from its articles of incorporation
• B) approval requirements
• C) ratification
• D) agents

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Definitions:

Self-protective

Behaviors or strategies aimed at safeguarding oneself from harm or maintaining one's well-being.

Participative

Pertaining to a style of leadership or decision-making that involves input and involvement from team members or stakeholders.

Autonomous

The ability to operate independently or the quality of having autonomy; self-directing freedom and especially moral independence.

GLOBE Researchers

Scholars involved in the Global Leadership and Organizational Behavior Effectiveness research project, aimed at understanding cultural impacts on leadership and organizational practices worldwide.