An act by a corporation that is beyond its express or implied powers is called a(n) ________.
A) Subchapter Revision S Act
B) novation act
C) cooperate code act
D) ultra vires act
Correct Answer:
Verified
Q46: A corporation can be incorporated in several
Q47: The Revised Model Business Corporation ACT (RMBCA)
Q48: Which of the following is true of
Q49: Which of the following is true of
Q50: Incorporators cannot become shareholders of the corporation
Q52: Which of the following would generally be
Q53: _ are powers beyond express powers that
Q54: The articles of incorporation must contain the
Q55: Any corporation with more than 100 shareholders
Q56: Explain how articles of incorporations may be
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