The Doctrine of Ultra Vires, as Applied to Corporations, Has

question 13

Multiple Choice

The doctrine of ultra vires, as applied to corporations, has now been abolished throughout Canada. This means Canadian corporations

• A) cannot act beyond their constitutional powers.
• B) do not have the capacity and all the rights, powers, and privileges of a natural person.
• C) have broadened powers and capacity to contract.
• D) cannot be held to contracts entered into that are outside of their charter.
• E) can only act through the authority vested in their agents.

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Definitions:

White Person

An individual belonging to a racial group characterized by the light pigmentation of the skin, often associated with European descent.

Murders

The unlawful killing of one human by another, especially with premeditated intent.

Criminal Acts

Actions that are in violation of the laws of a jurisdiction and are subject to prosecution and punishment.

Public Report

is a document that is made available to the general public, providing information on a specific topic or event.