A director of the corporation may enter into transactions as a representative of the corporation. This is to ensure that the transactions are faster and effectively carried out. What principle can be used in this scenario? * O Doctrine of apparent authority O Piercing the corporate veil O Entity principle O Business judgment ruleWhat is the required vote if the cooperative wants to change its articles of cooperation? O Majority of the board of directors and 2/3 votes of all the members with voting rights O 2/3 votes of all the members of the cooperative O Majority of the board of directors and majority votes of all the members with voting rights () 2/3 votes of all the members with voting rightsStatement 1: When one of the members of a cooperative dies, the cooperative must be dissolved. Statement 2: A cooperative may screen out their members based on their personal characteristics. Which of these statements is correct? * O Statement 1 and Statement 2 O None of the above O Only Statement 1 O Only Statement 2What type of cooperative aims to procure and distribute commodities to members and non- members? O Producers cooperative Service cooperative Credit cooperative O) Consumers cooperativeStatement 1: All board of directors have compensation. This compensation must be clearly mentioned in the articles of incorporation and by-laws of the corporation. Statement 2: The corporate officers have compensation provided that it was approved by 2/3 of the stockholders. Which of these statements is correct? * Statement 1 and Statement 2 O None of the above Only Statement 2 O Only Statement 1