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What is Understanding Company Transaction Rules about?

The document discusses several principles related to transactions involving companies: 1. An outsider dealing with a company can determine the substantive aspects by reading the MOA and AOA but may not be aware of internal procedural irregularities. 2. An outsider is entitled to assume that all internal requirements and procedures have been followed properly unless put on notice otherwise. 3. A company will be bound by contracts entered into apparently within the authority granted by the MOA and AOA ev

Author

gaurav

Language

EN