True/False
Only the directors of a corporation may invalidate an ultra vires act.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: One method used by corporations to resist
Q3: A(n) _ occurs when a group of
Q4: When a corporation issues new stock, current
Q5: Double taxation means that the<br>A) government taxes
Q6: Acts of a corporation that exceed its
Q7: Stock with no printed value is known
Q8: A technique for enabling large stockholders to
Q9: The powers of a corporation are found
Q10: A court's holding that a corporation was
Q11: Corporations receive permission to operate from the