$15$E$.$

HYPOTHETICAL

$1.$Edgar enters into a one$-$year lease agreement for office space with Landlord.

$2.$Edgar signs on behalf of the yet$-$to$-$be$-$formed Edgar Detective Agency Inc.

$3.$Edgar incorporates the business venture the next day, and opens up a bank account.

$4.$For the first month$$s rent, Edgar pays the rent via company check but later breaches the lease by failing to pay rent.

$5.$Landlord sues Edgar Detective Agency Inc. for breach of the lease.

QUESTION

Is Edgar personally liable to Landlord for the damages arising from the breached lease?

Group of answer choices

Yes because Edgar was promoter of the corporation.

No because the corporation had been formed and, by accepting a company check, the Landlord has adopted the contract with Edgar Detective Agency Inc.

Yes because Edgar was the principal of the corporation.

No because Edgar never signed a personal guarantee with the Landlord.