True/False
Corporations are generally liable on preincorporation contracts signed by their promoters.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q4: Memberships in a nonpublic corporation are generally freely
Q5: Only when the promoter is liable on
Q6: A promoter is not an agent of
Q7: Short-term certificated options that are usually transferable
Q8: A(n)_ grants the corporation or other shareholders
Q10: What is the only function of an
Q11: Which of the following would be used
Q12: N-Ext Corp.(NEC)was defectively organized.As a result,even a
Q13: Several states' constitutions place stricter limits than
Q14: The Statutory Close Corporation Supplement to the