An action taken by a company outside its object clause is regarded as?

This question is asking about what happens when a company takes an action that is not within its "object clause". In simple terms, an object clause is a part of a company's memorandum of association that outlines the activities that the company is allowed to engage in. So, what happens when a company goes outside these boundaries and takes an action that it is not authorized to take?

Option A is the correct answer. When a company takes an action that is outside its object clause, it is considered "ultra vires", which is a Latin term that means "beyond the powers". This means that the action is void or invalid and cannot be enforced by the company or by any other party.

Option B, "a trespass", is not correct in this context. Trespass usually refers to an unauthorized entry onto someone else's property, which is not related to a company's object clause.

Option C, "uberrima fides", is also not correct. This is another Latin term that means "utmost good faith", which is a principle that applies to insurance contracts.

Option D, "caveat emptor", is also not correct. Caveat emptor is a Latin term that means "let the buyer beware", which is a principle that applies to sales transactions.

In summary, when a company takes an action that is outside its object clause, it is regarded as "ultra vires", which means the action is invalid and cannot be enforced.