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The client, a shareholder in a corporation, believes that the corporation exceeded its authority when it expanded the corporation's business from the repair of automobiles
The client, a shareholder in a corporation, believes that the corporation exceeded its authority when it expanded the corporation's business from the repair of automobiles to the sale of automobile parts. What section of Fletcher Cyclopedia of the Law of Private Corporations addresses this topic? What is the term for the action of a corporation that exceeds its power?
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