Memphis Music Makers Incorporated Has a Stated Purpose to Sell

question 30

Multiple Choice

Memphis Music Makers Incorporated has a stated purpose to sell musical instruments.If chief executive officer Tabitha contracts with Frenzied Firearms in Memphis Music Makers's name to sell a shotgun,she has likely committed

• A)an ultra vires act.
• B)a de facto act.
• C)a de jure act.
• D)a legal act.

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Definitions:

Aggregate Function

A type of function used in database queries and spreadsheet software that performs a calculation on a set of values, returning a single value.

Select Values

The process of choosing or highlighting specific data from a set of options or a dataset.

Aggregate Function

A computational method used in databases to perform a calculation on a set of values, returning a single value.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how much the values differ from the average.