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The Doctrine of Ultra Vires Has No Place in Modern

question 53

Essay

The doctrine of ultra vires has no place in modern corporate law. The public should be entitled to assume a corporation has all the rights and duties of a natural person, and the doctrine should be abolished. Discuss this statement and any other issues it raises.


Definitions:

Time Zones

Regions of the Earth that have the same standard time.

Mill Girls

Women who worked at textile mills during the Industrial Revolution who enjoyed new freedoms and independence not seen before.

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Managed living accommodations where boarders live under supervision, historically significant for housing workers, students, or specific groups with oversight on their welfare.

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Individuals who move from one country to another with the intention of settling or residing there permanently.

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