Under the doctrine of indoor management, outsiders are entitled to assume that:
Under the doctrine of indoor management (Royal British Bank v Turquand), an outsider dealing in good faith may assume that the company's internal procedures have been…
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Under the doctrine of indoor management, outsiders are entitled to assume that:
Answer and explanation
Correct answer A
Under the doctrine of indoor management (Royal British Bank v Turquand), an outsider dealing in good faith may assume that the company's internal procedures have been properly complied with. The doctrine does not displace constructive notice of the memorandum and articles, so the outsider is still taken to know the public documents and the limits they set.
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