Corporate officers do not act as agents of the corporation.

Corporate Officers

Individuals appointed to manage the day-to-day operations and major decisions of a corporation, such as CEOs, CFOs, and COOs.

Agents

Individuals or entities authorized to act on behalf of others in legal or business transactions, representing their interests.

Learn about the legal and moral responsibilities of corporate directors and officers, including aspects of fiduciary duties and liability dilemmas.

Verified Answer

Final Answer :

False

Explanation :

Corporate officers act as agents of the corporation, making decisions and entering into agreements on behalf of the corporation.

Learning Objectives

Learn about the legal and moral responsibilities of corporate directors and officers, including aspects of fiduciary duties and liability dilemmas.