Question: Select the most appropriate answer in relation to pre - registration contracts. a . Pre - registration contracts are always enforceable against the company to
Select the most appropriate answer in relation to preregistration contracts.
a
Preregistration contracts are always enforceable against the company to be formed because it will obtain separate legal entity status on registration.
b
Preregistration contracts will never be enforceable against the company because it is not yet registered.
c
The promoters of the company may be liable to pay damages to each other party to the preregistration contract.
d
Preregistration contracts are binding upon members upon registration of the company.
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