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Law Quiz | Gkseries

Q.

Which one statement is correct from the following statements :

[A] If the contract is inconsistent with the public documents, the person contracting will not be prejudiced by irregularities that may be set the outdoor working of the company.
[B] If the contract is consistent with the public documents, the person contracting will not be prejudiced by irregularities that may be set the indoor working of the company.
[C] The doctrine of indoor management seeks to protect the company against the outsider.
[D] The doctrine of ultra vires seeks to protect the outsider against internal irregularities of the company.
Answer & Explanation

Answer: If the contract is consistent with the public documents, the person contracting will not be prejudiced by irregularities that may be set the indoor working of the company.

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