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Commerce · Q491

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 491

Q491

An act, legal in itself, but not authorized by the object clause of the Memorandum of Association of a company or statute, is:

A.
ultra Vires the company
Answer
B.
within Articles of Association
C.
within Memorandum of Association
D.
all of the above

Answer: Option A

Solution

Answer: Option A
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