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What is Doctrine of Ultra Vires?
That there are certain actions a corporation has no power to perform or do, and an act of this type performed by a corporation is prohibited. For example, a corporation which is not authorized to issue stock is ultra vires to the issuance of corporate stock, or "without power" Generally unless a provision is explicitly stated in the law or the corporation's charter there is almost nothing that is considered ultra vires for a corporation.
Which is NOT a federal power?
Granting citizenship
Why did Thomas Jefferson object to letting the national government issue the charter for a national bank?
Granting Congress any power not explicitly granted by the Constitution will remove all limits on its power other than what Congress itself believes to be the good of the nation.
Why did Thomas Jeffersons object to letting the national government issue a charter for a national bank?
Granting Congress any power not explicitly granted by the Constitution will remove all limits on its power other than what Congress itself believes to be the good of the nation.
Why did Thomas Jefferson object to letting the national government issue a charter for for a national bank?
Granting Congress any power not explicitly granted by the Constitution will remove all limits on its power other than what Congress itself believes to be the good of the nation.
Written permission given by someone in authority who grants privileges?
An official document or statement from an individual in a position of power allowing specific actions or granting certain rights.
What is the Constitution granting different responsibilities to each branch of government an example of?
Checks and balances. Power of one branch is balanced by powers of another.
Charter in a sentence?
The charter helped the power equal out amongst the people.
Which type of government can be absolute granting citizens little political power or constitutional granting citizens a much greater amount of political power?
monarchy
Is the power to charter banks a concurrent power?
Concurrent power
Is not a concurrent power shared by the federal and state governments?
Granting citizenship
Is granting patents and copyrights a denied power of congress?
No, it is a designated power of Congress.
