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Officers That Cause a Corporation to Break a Contract with Third

question 52

True/False

Officers that cause a corporation to break a contract with third party are liable to the third party even if they acted in good faith to advance the interests of the corporation.


Definitions:

Triglycerides

A type of fat found in the bloodstream and fat tissue, serving as a major energy source for the body.

Monoglycerides

Molecules formed from the breakdown of fats, consisting of a single fatty acid attached to a glycerol backbone.

Deionized Water

Water from which ions have been removed, making it highly pure.

Amylase

An enzyme produced primarily in the pancreas and salivary glands that helps in the breakdown of carbohydrates into sugars.

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