Question
The client, a shareholder in a corporation, believes that the corporation exceeded its authority when it expanded the corporations business from the repair of automobiles
The client, a shareholder in a corporation, believes that the corporation exceeded its authority when it expanded the corporations 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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Financial Accounting A Global Perspective
Authors: Robert Libby, Patricia Libby, Daniel G Short
5th Edition
0071107746, 978-0071107747
