If a corporation commits an "ultra vires act," which of the following is not an available remedy?
A) The shareholders may sue for an injunction prohibiting the act.
B) The shareholders may sue the corporate officers or directors for damages.
C) The state attorney general may bring criminal charges against the corporate officers and/or directors.
D) The state attorney general may sue to dissolve the corporation.
E) The corporation itself can sue its officers or directors for damages.
Correct Answer:
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