Bristol is an officer of Commerce Company. To conduct ordinary business transactions on the firm's behalf, Bristol

A) none of the choices.
B) needs formal, written authority.
C) is required to have oral and written authority.
D) must act only in the presence of other corporate officers or employees.

Officer

An individual holding a position of command, authority, or responsibility within an organization, especially in a military, corporation, or governmental context.

Ordinary Business Transactions

Everyday activities and operations that are necessary for the running and maintenance of a business.

Formal

Following or adhering to established rules, conventions, or procedures.