Legal Boundaries

BL – May 2016 – L1 – SA – Q5 – Company Law

Identify the scenario where a limited liability company's action is considered ultra vires.

Question

The action of a limited liability company is considered ultra vires where it is NOT contained in
A. The capital clause
B. The subject clause
C. The authorization clause
D. The Code of corporate governance
E. The object or business clause

Answer

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Tags: Company Actions, Legal Boundaries, Ultra Vires
Level: Level 1

Topic: Company Law
Series: MAY 2016

Question Tag: Legal Boundaries

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BL – May 2016 – L1 – SA – Q5 – Company Law

Identify the scenario where a limited liability company's action is considered ultra vires.

BL – May 2016 – L1 – SA – Q5 – Company Law

Identify the scenario where a limited liability company's action is considered ultra vires.

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Question Tag: Legal Boundaries

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BL – May 2016 – L1 – SA – Q5 – Company Law

Identify the scenario where a limited liability company's action is considered ultra vires.

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BL – May 2016 – L1 – SA – Q5 – Company Law

Identify the scenario where a limited liability company's action is considered ultra vires.

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