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Commerce · Q99

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 99

Q99

The judgement in the case of Foss Vs. Harbottle lays down the following principle:

A.
Doctrine of Constructive Notice
B.
Rule of Majority
Answer
C.
Doctrine of Indoor Management
D.
Doctrine of Ultra Vires

Answer: Option B

Solution

Answer: Option B
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