Question: Precision Pipe Inc. s stated purpose is to install plumbing. Precision Pipe contracts with Quality Contracting to pour a new building s foundation despite lacking
Precision Pipe Inc.s stated purpose is to install plumbing. Precision Pipe contracts with Quality Contracting to pour a new buildings foundation despite lacking the skill and license to do such work. This is most likely
a
allowable and proper as an act to profit corporate shareholders.
b
within the corporations express powers.
c
an ultra vires act.
d
within the corporations implied powers
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