The information provided is not exhaustive. It is merely intended to provide some assistance, there are other cases and information students may include in their essays. As a minimum, your essay should:• Define and explain the doctrine of ultra vires.• Discuss the doctrine as it originally operated under common law. See;Ashbury Carriage & Iron Co. v Riche (1875) – other cases may also be cited.• Discuss how ultra vires was codified under the Corporations Act – what sections were relevant (e.g., s160 inter alia)• Discuss the amendments to the Corporations Act from July 1 1998 – Which sections were repealed? (See e.g., s124(2), s125(1 and 2)What was the effect of the amendments?• Defineultra vires in the narrow/broad sense. What do these terms mean? (e.g., corporate capacity, members and directors powers)