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What type of transaction may be saved by the principle of reasonable construction of the memorandum?a)A transaction that is ultra vires the company's objects.b)A transaction that is expressly prohibited by the articles of association.c)A transaction involving a minor.d)A transaction involving a director of the company.Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What type of transaction may be saved by the principle of reasonable construction of the memorandum?a)A transaction that is ultra vires the company's objects.b)A transaction that is expressly prohibited by the articles of association.c)A transaction involving a minor.d)A transaction involving a director of the company.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What type of transaction may be saved by the principle of reasonable construction of the memorandum?a)A transaction that is ultra vires the company's objects.b)A transaction that is expressly prohibited by the articles of association.c)A transaction involving a minor.d)A transaction involving a director of the company.Correct answer is option 'A'. Can you explain this answer?.

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