A(n) ________ is a clause that can be included in the articles of incorporation that permits the corporation to engage in any activity permitted by law.

Question

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A general purpose clause grants a corporation the ability to engage in any lawful activities without having to specify them individually in the articles of incorporation. This reduces the likelihood that the corporation may exceed its legal authority or be deemed to have acted beyond its corporate powers (ultra vires).

A(n) ________ Is a Clause That Can Be Included in the Articles