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Because ______ corporations have a more restricted range of powers than business corporations, actions not authorized by their corporate charters are more likely to be

Because ______ corporations have a more restricted range of powers than business corporations, actions not authorized by their corporate charters are more likely to be found ______.

a.

subchapter S, illegal.

b.

a benefit, ultra vires

c.

nonprofit, ultra vires.

d.

professional, illegal.

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