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Question $31$

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Marked out of $2\mathrm{.}00$

Any transaction which is outside the scope of the powers specified in the objects clause of the Memorandum

a$.$ Requires prior sanction of the central government

b$.$ Is ultra$-$vires the company and therefore void

c$.$ Requires unanimous consent of the Board of Directors

d$.$ Must be informed to the members in the annual report

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Question $32$

In the context of consideration for a contract, the Rule is that:

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