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Q. |
When an act is performed or a transaction is carried out, which though legal in itself, is not authorized by the objects clause in the Memorandum or by Statute, it is said to be. |
A. | ultra vires the powers of the company. |
B. | intra vires the powers of the company. |
C. | ultra vires the powers of the company. |
D. | ultra vires the implied authority. |
Answer» A. ultra vires the powers of the company. |
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