FP&A
Contract signing athority
Regarding the issue of whether a company secretary, with full authorization to sign contracts, can sign a self-contract agreement (orally approved by the president) that is legally recognized, this article provides a professional analysis from the perspectives of authorization scope, conflicts of interest, the validity of oral approval, and corporate governance practices, and offers risk warnings.
Is it recognised if an elected secretary with the authority to sign all contracts for the company to sign her own contract agreement that was verbally approved by the president?
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