What term describes any corporate act done outside of the corporation's authority as set forth in its charter?
A) Ultra vires
B) Mala in se
C) Mala prohibita
D) Nudum pactum
Correct Answer:
Verified
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A)
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Q10: What happens during a winding-up period?
A) Value
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Q15: Who manages an LLC?
A) Officers
B) Managers
C) Board
Q16: What other term describes a joint venture?
A)
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