Outlook Flags Only Words That Are Misspelled

question 112

True/False

Outlook flags only words that are misspelled.

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Definitions:

Shareholders

Individuals or entities that own shares in a corporation, giving them certain rights and interests in the company.

Ultra Vires Act

Actions conducted by a corporation's management or board that are beyond the scope of its powers as defined by its charter or the law.

Express and Implied Powers

Authorities of a governmental or organizational body that are explicitly stated (express) or inferred through conduct (implied).

Ultra Vires

Acts or decisions made by an entity that are beyond the scope of powers granted by its constitution or laws.