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Home Q & A Board Humanities Legal Studies
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ohiosr ohiosr
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7 years ago
The doctrine of ultra vires, as applied to corporations, has now been abolished throughout Canada. This means that Canadian corporations
a. do not have the capacity and all the rights, powers, and privileges of a natural person.
b. can only act through the authority vested in their agents.
c. cannot be held to contracts entered into that are outside of their charter.
d. cannot act beyond their constitutional powers.
e. have broadened powers and capacity to contract.
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
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Existence87Existence87
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7 years ago
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ohiosr Author
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