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Theodore, as treasurer of Valleyview corporation, have a duty to invest corporate as he dean best for the company. when Valley view company went public,

Theodore, as treasurer of Valleyview corporation, have a duty to invest corporate as he dean best for the company. when Valley view company went public, The new board decided that the committee of officers make such investment decisions. Theodore there after unilatary contracted to purchase investment securities with corporate earnings has he done many times before; search contract would be valid

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