business Law

ANSWER THIS QUESTION IN REPORT FORM 

1,200 WORDS

1). Please critically discuss the duty of directors to act within powers and the extent to which a company is bound by       a transaction with a third party when a director acts with authority (also explaining the various types of authority)       as well as when it does so without authority. Please make reference to the relevant provisions of the Companies         Act 2006 as well as to case law.