Jane is a promoter dealing with the formation of a private limited company. You are required to advise Jane on the following matters.

(a) The restrictions which exist upon the choice of corporate name.

(b) The documentation which must be sent to the Registrar of Companies in order to obtain incorporated status.

(c) The liability for Jane personally if she enters into any contracts on the company’s behalf before the issue of the certificate of incorporation.

(The Chartered Institute of Management Accountants)