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denpristay [2]
3 years ago
14

The articles of incorporation of a corporation authorize the corporation to invest in real estate only. If a corporate officer i

nvests corporate funds in the commodities​ markets, the officer is liable to the corporation for any losses suffered because of his or her​ _______.
Social Studies
1 answer:
ella [17]3 years ago
4 0

Answer: A duty of obedience

Explanation: A duty of obedience is referring to board directors that are caring about nonprofit and the law. They are also searching activities that are against the law, illegal or they are unauthorized. When it comes to this duty. board directors are having to take care of that the nonprofit organization is working with legal law situations.

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