Corporations commit ultra vires acts most frequently when they create contracts outside the scope of their powers.
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Q8: A corporation must be incorporated in the
Q8: Corporations have only those powers that states
Q9: A de facto corporation has met the
Q10: Corporate directors typically serve lifetime appointments.
Q12: Every corporation must attach Corporation,Company,Limited,or Incorporated,or an
Q14: Partnerships may be shareholders of an S
Q15: The Revised Model Business Corporation Act (RMBCA)requires
Q16: As a general rule,shareholders of a corporation
Q17: The life of a corporation ends when
Q18: A certificate of incorporation is a document
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