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Which of the following is INCORRECT? a. The organic theory is an extension of the law of agency. b. Actions of the organs of the

Which of the following is INCORRECT?

The organic theory is an extension of the law of agency.

Actions of the organs of the company are treated as the company acting itself.

"Organic Theory" is defined in the Corporations Act as "the actions of an entities board of directors and members in a general meeting has a binding effect on the entity".

Organic theory was originated by Lord Haldane LC in Lennard's Carrying Co Ltd.

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