Multiple choice

“Ultra vires” is a term used to mean

  1. a document corrupted by virus

  2. beyond or in excess of powers

  3. an irregular act

  4. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Ultra vires is a Latin phrase meaning "beyond the powers" - if an act requires legal authority and it is done with such authority. In corporate law, ultra vires describes acts attempted by a corporation that are beyond the scope of powers granted by the corporation's objects clause in articles of incorporation.