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    Contemporary Business
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    Exam 27: Corporate Formation and Financing
  5. Question
    An Act by a Corporation That Is Beyond Its Express
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An Act by a Corporation That Is Beyond Its Express

Question 116

Question 116

Multiple Choice

An act by a corporation that is beyond its express or implied powers is called a(n) ________ act.


A) unconstitutional
B) sua sponte
C) ultra vires
D) Ultramares
E) corporate veil

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