Ultra vires loans granted by the company are March 27, 2022March 27, 2022 administrator A. voidB. voidableC. validD. none of the aboveCheck AnswerA. void Share the PostRelated Posts:"Which of the following statements are false?1 The…The lending of funds ultra vires, the company has no rightsWhich of the following is not the ground of…Which of the following is NOT the ground for…After the expiry of how much time the company must…The value of Interest free concessional loans to…