Which TWO of the following are methods that a promoter can use to avoid liability on pre-incorporation contracts? (1) Signing the pre-incorporation contract 'on behalf of the company' (2) Executing the pre-incorporation contract as a deed (3) Buying an 'off-the-shelf' company (4) Novating the contract
A、1 and 2
B、1 and 3
C、2 and 3
D、3 and 4
A、1 and 2
B、1 and 3
C、2 and 3
D、3 and 4
【参考答案及解析】
Buying an 'off-the-shelf' company and novating the contract are two ways that a promoter can avoid liability on a pre-incorporation contract. The other options will not prevent the promoter from being liable.
Buying an 'off-the-shelf' company and novating the contract are two ways that a promoter can avoid liability on a pre-incorporation contract. The other options will not prevent the promoter from being liable.