Question: Answer question A) and B) Please Provide examples in answers Kerry, Jax and Andrea are three friends who wish to start their own catering company.
Answer question A) and B)
Please Provide examples in answers
Kerry, Jax and Andrea are three friends who wish to start their own catering company. While out driving one day, Kerry finds the perfect office building. She wishes to purchase this building on behalf of the proposed company. Kerry is, however, unsure about how she will be able to conclude a lease agreement for the office buildings as the catering company is not yet incorporated. (a) State and explain the option available to Kerry under the Companies Act 2006, which will enable her to conclude the lease agreement. (7 marks) (b) Explain whether Kerry will be personally liable for any pre-incorporation contract. (8 marks) (15 marks)
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
