A Corporation's Implied Powers Go Beyond Those Expressly Stated in the Articles

question 30

True/False

A corporation's implied powers go beyond those expressly stated in the articles of incorporation.

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Definitions:

Repeaters

Electronic devices that receive a signal and retransmit it at a higher level or higher power, or onto the other side of an obstruction, to ensure the signal can cover longer distances without degradation.

Midstream

In the oil and gas industry, refers to the transportation, storage, and wholesale marketing of crude or refined petroleum products.

Reamplify

The process of amplifying a signal again, usually to restore its strength after it has been weakened or degraded.

U.S. Currency

The official money used in the United States, primarily consisting of Federal Reserve Notes (dollars) and coins.