The Doctrine of Ultra Vires, as Applied to Corporations, Has

Multiple Choice

The doctrine of ultra vires, as applied to corporations, has now been abolished throughout Canada. This means Canadian corporations

A) cannot act beyond their constitutional powers.
B) do not have the capacity and all the rights, powers, and privileges of a natural person.
C) have broadened powers and capacity to contract.
D) cannot be held to contracts entered into that are outside of their charter.
E) can only act through the authority vested in their agents.