The Doctrine of Ultra Vires Is of More Significance Today

question 14

True/False

The doctrine of ultra vires is of more significance today than it has been in the past.

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Definitions:

Puffing

The act of making exaggerated, subjective statements or claims about a product or service that cannot be objectively verified, often used in sales and advertising.

Reasonable Consumer

A legal standard referring to a hypothetical person who is considered average or typical from the perspective of the consumer population, used in cases related to consumer protection and advertising.

Mislead

To guide someone into a wrong direction or give someone a wrong idea or impression.

Cooling-Off Rule

A federal regulation allowing consumers a set period of time to cancel contracts or purchases made at home or at locations other than the normal business premises of a company.