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    Question

    The doctrine of 'Ultra Vires' is applicable

    to:
    A Partnership firms Correct Answer Incorrect Answer
    B Sole proprietorships Correct Answer Incorrect Answer
    C Companies Correct Answer Incorrect Answer
    D Hindu Undivided Families Correct Answer Incorrect Answer
    E All business entities Correct Answer Incorrect Answer

    Solution

    The doctrine of "Ultra Vires" (beyond powers) applies to companies that act outside the scope of the powers defined in their Memorandum of Association.

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