Which of the Following Statements Is True About the Ultra

question 49

Multiple Choice

Which of the following statements is true about the ultra vires doctrine?

• A) It is the only stringent limitation on the enforceability of contracts entered into by corporations.
• B) It permits corporate directors to freely prevent enforcement of unattractive contracts.
• C) It permits the state attorney general to prevent enforcement of corporate contracts that extend beyond the corporation's authorized powers.
• D) It does not permit the corporation to bring a suit for damages to the corporation against the officers of the corporation who have entered into an ultra vires contract.

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Definitions:

Consistent Results

Outcomes in research or experiments that are stable and uniform over time or repetitions.

Ethically Conducted

Refers to actions or research carried out in a manner that is morally right and adheres to accepted standards of conduct.

Animal Studies

Research conducted on animals to study biological and behavioral processes that may be relevant to humans or other species.

Correlational Approach

A research method used to explore the relationship between two or more variables, without determining cause and effect.