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Commerce · Q854

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 854

Q854

The doctrine of 'Ultra Vires' covers acts which are:

A.
Beyond the powers of the directors only
B.
Beyond the powers of the secretory only
C.
Beyond the objects stated in the memorandum of association only
Answer
D.
Beyond the powers of the chief executive of the company only

Answer: Option C

Solution

Answer: Option C
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