The _____ doctrine is a doctrine holding that certain legal consequences attach to an attempt by a corporation to carry out acts that are outside its lawful powers.
A) promissory estoppel
B) delectus respondeat
C) family purpose
D) ultra vires
E) inter vivos

Question

Quizplus · Accepted Answer

Ultra vires is the doctrine that refers to acts that are beyond the powers or authority of a corporation. If a corporation attempts to carry out acts that are outside its lawful powers, then certain legal consequences can attach, such as those acts being deemed void or unenforceable.

The _____ Doctrine Is a Doctrine Holding That Certain Legal