Assertion (AS): Doctrine of Indoor Management protects an outsider dealing with a company from irregularities inside a company.Reason (R): Doctrine of ultra vires protects an outsider dealing with a company for corporate capacity not mentioned in the objects clause.Choose correct answer from below:Codes:

Question

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(AS) and (R) are true, and (R) is an explanation of (AS).

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(AS) is true, but (R) is false.

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(AS) is false, but (R) is true.

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(AS) and (R) are true, but (R) is not an explanation of (AS).

1.	Assertion (AS): Doctrine of Indoor Management protects an outsider dealing with a company from irregularities inside a company.Reason (R): Doctrine of ultra vires protects an outsider dealing with a company for corporate capacity not mentioned in the objects clause.Choose correct answer from below:Codes:
A.	(AS) is true, but (R) is false.
B.	(AS) is false, but (R) is true.
C.	(AS) and (R) are true, but (R) is not an explanation of (AS).
D.	(AS) and (R) are true, and (R) is an explanation of (AS).
Answer» D. (AS) and (R) are true, and (R) is an explanation of (AS).

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