Shareholders Cannot Move an Injunction Against an Ultra Vires Act

question 33

True/False

Shareholders cannot move an injunction against an ultra vires act engaged by the corporation.

---

Definitions:

Efforts Rejected

The experience of having one's endeavors or contributions dismissed or not acknowledged by others.

Intranet Site

A private network accessible only to an organization's staff, often used to store, share, and manage internal information.

Two-Day Workshop

A short, intensive, educational program spread over two days, designed to teach or introduce practical skills, techniques, or ideas.

Diagnose

The process of identifying a problem or disease based on its symptoms.