Business Studies, asked by sp6268722, 1 month ago

0. An act is said to be ultra vires a company
when it is beyond the powers of:
(A) The Company
(B) The Directors
(C) Directors but not the Company
(D) Conferred on the Company by the
Articles​

Answers

Answered by prachi558
5

Answer:

I think your answer is d

may it help you

Answered by Anonymous
0

It is said to be ultra vires when it is beyond the powers of Conferred on the Company by the Articles​.

  • Ultra vires is a term used in corporate law.
  • It is a term used to describe corporate operations that go beyond the boundaries of the authority granted by specific clauses.
  • These clauses are the corporation's objects clause, articles of incorporation, or a clause in its bylaws.
  • It also refers to other laws approving its formation, or similar foundational documents, thus it is conferred on the company by the articles​.
Similar questions