Question
Enzo Limited (Enzo) is a corporation. The board of Directors of Enzo established a rule that corporation must not enter into any form of arrangement
Enzo Limited (Enzo) is a corporation. The board of Directors of Enzo established a rule that corporation must not enter into any form of arrangement regarding the purchase or lease (rental) of property unless the arrangement is apporoved by the Boards of Directors. Mohinder, the President of the corporation, went to Property Owners Limited (POL), another corporation and negotuated a lease for the rental of office space for Enzo. Mohinder signed the lease on behalf of Enzo. The Board of Directors has not approved the lease. Explain whether POL can enforce the lease
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