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Thoughtful of the Memorandum of Association objectives, is an Ultra Vires act considered illegal?

 Principle of Business Law
MODULE DETAILS
Course Location : Freetown – Sierra Leone
This document comprises the following:
? Assignment or Project Overview
? Assignment or Project Requirement
? Expected Outcome
? Assessment Criteria
Assignment Overview
Memorandum of association is well-thought-out to be the constitution of any company. It sets out the internal and external scope and area of company’s operation along with its objectives, powers, scope. Companies are sanctioned to do only that much which is within the scope of the powers provided by the memorandum even though we know a company can also do anything which is incidental to the main objects provided by the memorandum.
Assignment Title
a. Thoughtful of the Memorandum of Association objectives, is an Ultra Vires act considered illegal?
b. What are the securities provided for in the doctrine of Ultra Vires? Substantiate.
Assignment Requirement
Every student is required to select either public or private institutions of their choice and position themselves to act in the capacity as either directors or shareholders.
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Expected Outcome
The student is required to write in not more than 1,000 words. The report must be double space, typed, written with special emphasis on spelling and grammar. Reference your source (s) from which the research work is obtained
Expected Report Content
1. Table of Content
2. Abstract
3. Findings
4. Conclusion
Report Book Format
Spacing : 2
Font & size : Tahoma, 12pts
Documentation : The submission must carry pagination, and to be submitted with
Limkokwing Official Assignment Cover Page
Assessment Criteria
This assignment carries 50 marks, which contributes 10% to the total marks of the final assessment of this module.
Marking Scheme
Tabulate how marks are to be distributed across the submission.
Sample
1. Abstract of Assignment 10marks
2. Case law and Findings 30 marks
3. Conclusion 5 marks
4. Bibliography 5 marks
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No part of this document may be reproduced without written approval fAll Rights Reserved rom Limkokwing University of Creative Technology

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