When a Promoter Is Liable on a Preincorporation Contract,the Promoter

Multiple Choice

When a promoter is liable on a preincorporation contract,the promoter is released from liability on the contract:

A) only after the contract has been fully performed.
B) when the corporation ratifies the contract.
C) when the corporation and the other party to the contract agree to release the promoter from liability.
D) when the corporation's articles have been filed by the secretary of state.