delegatus non potest delegare
(Latin: a delegate cannot further delegate)The rule that a person to whom a power, trust, or authority is given to act on behalf, or for the benefit of, another, cannot delegate this obligation ...
objects clause
A clause contained in the articles of association of a company setting out the objects for which the company has been formed. The Companies Act 2006 removes the former requirement for a company to ...
ultra vires (Latin: beyond the powers) Reference library
The Handbook of International Financial Terms
Literally, outside authority. Term used for actions or contracts made by individuals, officials, and corporations for which there is no
