Which of the Following States That a Corporation Cannot Undertake

question 30

Multiple Choice

Which of the following states that a corporation cannot undertake any transaction unless its charter permits it?

• A)the ultra vires doctrine
• B)the estoppel doctrine
• C)the exculpatory clause
• D)the indemnification clause

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Definitions:

Cultural Imperialism

The imposition of one culture's beliefs, practices, and artifacts on another culture through media and consumer products rather than by direct military force.

Economic Strength

The capacity of an economy to produce goods and services, sustain growth, and maintain a strong financial standing.

Material Culture

Refers to the physical objects, resources, and spaces that people use to define their culture. These include buildings, tools, and artwork, representing the tangible or visible aspects of a society.

Technology

The application of scientific knowledge for practical purposes, especially in industry and improvements in tools, machines, techniques, and processes.