Exploring Elder Law: Rights of Senior Citizens
Bhirawa Law Journal
The main agent who deals with the corporate’s management and enterprise is the board of administrators, however in lots of jurisdictions different officers can be appointed too. The board of administrators is normally elected by the members, and the other officers are usually appointed by the board. These agents enter into contracts on behalf of the company with third parties. However, references to company capability and powers have not fairly been consigned to the dustbin of legal historical past. In many jurisdictions, directors can still be liable to their shareholders if they cause the company to engage …
