Question: 12. Pre-registration contracts are contracts where: (a) The contract is invalid and the person within the company who made the contract with someone outside of

12. Pre-registration contracts are contracts where: (a) The contract is invalid and the person within the company who made the contract with someone outside of the company will be personally liable. (b) The contract is valid and the company is automatically liable to an outsider. (c) The contract is invalid and no one is liable under the contract. (d) The company may ratify the contract and enforce the terms of the contract in accordance with provisions of the Corporations Act 2001.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Law Questions!