A corporation's articles of incorporation may provide for the indemnification of directors' legal expenses. True or False?

A corporation's bylaws can state that the board of directors may consider nonshareholder interests such as environmental sustainability or employee interests when making managerial decisions. True or False?

If an employee exceeds the scope of his or her authority, the employer is bound by any contracts the employee made on the company's behalf. True or False

At the end of the day, business professionals must simply trust that the people they do business with have the requisite authority to bind their companies in the deals they negotiate.