As a promoter for New Market Corporation, Pat is personally liable for any preincorporation contract until New Market
a. assumes the preincorporation contract by novation.
b. ratifies the contracts.
c. rejects the contract.
d. releases Pat from liability.
a. assumes the preincorporation contract by novation.
b. ratifies the contracts.
c. rejects the contract.
d. releases Pat from liability.
a. assumes the preincorporation contract by novation.
Begründung:
Once the coporation is formes, the premoter remains personally reliable until preincorpration by novation
Begründung:
Once the coporation is formes, the premoter remains personally reliable until preincorpration by novation
Tags: Promoter Liability (Promoter Activities)
Quelle: p.104, 1. Absatz nach Überschrift
Quelle: p.104, 1. Absatz nach Überschrift
Kartensatzinfo:
Autor: Elisa
Oberthema: Law
Thema: International Law
Schule / Uni: Hanze Hogeschool
Ort: Groningen
Veröffentlicht: 14.02.2010
Tags: Exam Year 1
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