Question: Question I: lEilompany A. [which marl-:ets computer software} and company E {which runs a computer training college] enters into an agreement to form a new

 Question I: lEilompany A. [which marl-:ets computer software} and company E

Question I: lEilompany A. [which marl-:ets computer software} and company E {which runs a computer training college] enters into an agreement to form a new company, company (3. Company C is to provide onsite computer training for retail businesses that use company A's software. Shirley {a director of company A] and Laverne [a director of company B] are authorised by the boards ofdirectors oftheir respective companies to, as a matter of urgency, take whatever steps are necessary to form company (3 and to secure training contracts on its behalf. Shirley and Laverne instruct solicitors to register a company. More quickly than they anticipate, they manage to attract a large training job from company "i\". Purportedly on hehalf'ofcompany C1 they execute a contract with company Y. They have told the company Y representatives that company C is not yet registered. The parties agree to include a clause that provides that ii'company C {or a company reasonably identiable with it} is not registered within two months of the date of the contract Pthen company Y can rescind the contract. Consider these facts in the light of each ofthe following scenarios and questions [a] Assume company C is registered a month after the contract is executed. What steps must Shirley and Lat'erne talce to ensure that: SEE-2' 201:3 Final Erarninalion Para 2 of 4 FRBLEIIB-d - Comereial and Corporate Law for Maragers EIAIIHATI'DHE PAPERS ARE HT FERIITI'EI] T BE MED FRDH THE EIAIIHHTIDH I'I.I"EIII.IE

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