QUESTION 11 When dealing with a company, a person can assume that: a. An officer is acting with the authority of the company. Ob. A document has been duly executed. c. An officer or agent of the company who has the authority to issue a document also has the authority to warrant the document as genuine. d. All of the above. QUESTION 12 Julie has been appointed Company Secretary of Green Pty Ltd. She is authorised by the company's constitution to sign contracts of an administrative nature of up to $5,000 and expenditure in excess of $5,000 requires members' approval. Julie signs a contract to buy 100 boxes of plain (recyded) printing paper from Paper Inc. for $8.000 without seeking members approval. Which of the following statements is correct? a. Green Pty Ltd is not bound by the contract because Julie has no authority to enter into a $8,000 contract with Paper inc. b. Green Pty Ltd is bound by the contract Since Company Secretaries can always bind the company in contract. Green Pty Ltd is not bound by the contract even though Julie as Company Secretary has customary power to enter into such contracts since Paper Ine would have known that Julie does not have authority from the company's constitution Green Pty Ltd is bound by the contract since Julie as Company Secretary has customary power to enter into such contracts and Paper Inc would not have known that julle does not have authority QUESTION 13 Which of the following statements is not a purpose of the indoor management rule? Click Save and Submit to save and submit. Click Save All Answers to save all answers Save MacBook Air