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Statement 1. All illegal acts are ultra-vires acts Statement 2. All ultra-vires acts are illegal acts Statement 3. An intra vires act is valid Statement
Statement 1. All illegal acts are ultra-vires acts Statement 2. All ultra-vires acts are illegal acts Statement 3. An intra vires act is valid Statement 4. Intra vires acts are acts which a corporation is empowered to do or perform Select one: a. There are three correct statement b. All statements are correct c. There is only one correct statement d. There are two correct statements
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