Question

8. The express powers of a corporation come from which three sources? a. U.S. and state constitutions. b. State laws. c. The Revised Model Business Corporations Act. d. The Uniform Commercial Code. e. The articles of incorporation. f. The bylaws.

Answer 1

The express powers of a corporation come from which three sources?
A.) U.S and state constitutions
B.) State laws
E.) The articles of incorporation
F.) The bylaws

Answer 2

The express powers of a corporation come from (f) the by laws

What does the express power corporation mean?

The explicit powers of a corporation are set out in the Articles of Incorporation, the Corporation Establishment Act, the State and the Federal Constitution.

Company director or trustee. Qualification and duration. – Unless otherwise provided in this Code, the Board of Directors or its trustees shall exercise the authority of the Company, conduct all businesses and control all assets of the Company.

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