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?

This article focuses on a specific issue at the intersection of corporate governance and contract law: whether the elected secretary, authorized to sign all company contracts, has legal validity in signing their own contract agreement with only verbal approval from the president. The article outlines key considerations such as the scope of authorization, conflicts of interest, and the evidentiary weight of verbal approval, for practical reference.