Corporations may officers, directors, employees, and agents when they act in good faith, consistent with good faith standards and not in violation of any laws. authorize ratify indemnify breach

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter5: Buying The Necessities
Section5.4: Buying And Operating A Vehicle
Problem 1R
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Corporations may
officers, directors, employees, and agents when they act in good faith, consistent with
good faith standards and not in violation of any
laws.
authorize
ratify
indemnify
breach
Transcribed Image Text:Corporations may officers, directors, employees, and agents when they act in good faith, consistent with good faith standards and not in violation of any laws. authorize ratify indemnify breach
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