Question: On 1 October, Eva ordered goods from Smart Sdn. Bhd. (Smart) on behalf of Best Sdn. Bhd. Best) before Best obtained its certificate of incorporation.
- On 1 October, Eva ordered goods from Smart Sdn. Bhd. (Smart) on behalf of Best Sdn. Bhd. Best) before Best obtained its certificate of incorporation. Best was incorporated on 16 October. On 25 October, upon receipt of its certificate of incorporation, the board of directors of Best agreed that the company should adopt the contract with Smart. Discuss the legal implication(s) of the above situation.
- What is the legal implication(s) if Best refused to adopt the contract with Smart?
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