The doctrine of ultra vires is of more significance today than it has been in the past.

Name: The doctrine of ultra vires is of more significance today than it has been in the past.
Brand: Quizplus
Rating: 4.8 (51 reviews)

Question

Quizplus · Accepted Answer

The doctrine of ultra vires, which refers to acts performed beyond the powers of a company as defined in its constitution, has become less significant in many jurisdictions due to legislative reforms and changes in corporate governance practices that allow for broader operational flexibility.

The Doctrine of Ultra Vires Is of More Significance Today