Shareholders in a Corporation Have the Power to Bind the Corporation

question 146

True/False

Shareholders in a corporation have the power to bind the corporation to contracts.

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Definitions:

Otitis

Inflammation or infection of the ear.

Tympanic

Relating to the tympanum or eardrum, part of the middle ear involved in hearing.

Vestibule

An entrance hall or other open area in a building used by the public, particularly the space at the entrance to a structure.

Organ of Corti

The Organ of Corti is the sensory organ located within the cochlea of the inner ear, responsible for converting sound vibrations into neural signals.