If Corporations Act Beyond Their Express and Implied Powers, the Act

question 24

Multiple Choice

If corporations act beyond their express and implied powers, the act is called a[n] _______________ act.

• A) Respondeat superior
• B) Ultra vires
• C) Res ipsa loquitur
• D) Stare decisis
• E) Res propertie

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Definitions:

Social Norms

Informal understandings that govern the behavior of members of a society or group, dictating what is considered acceptable.

Maintain Confidences

The ethical or professional duty to keep certain information private or secret, not disclosing it to unauthorized individuals or entities.

Sensitive Material

Content or information that requires careful handling due to its potential impact on privacy, security, or confidentiality.

Virtual Team

A group of individuals who work together from different geographic locations, often using technology to communicate and collaborate.