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The Doctrine of Ultra Vires Held That

Question 1

Multiple Choice

The doctrine of ultra vires held that:


A) corporations cannot be held responsible for executive actions not authorized by their corporate charter
B) corporations can be held fully responsible for the acts of any employees
C) corporations can only be held responsible for the acts of corporate managers
D) corporations can be criminally sanctioned even when no corporate employee can be shown to have engaged in illegal actions

Correct Answer:

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