Under the Corporations Act , a company has validly signed the contract if the signatures come from two directors of a company one director and one company secretary My question is that if the loan is signed by only 1 director, and it's already 3 months after the contract is entered into, what is the validity of the enforcement of the contract

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Question: Under the Corporations Act , a company has validly signed the contract if the signatures come from: two directors of a company; one director and

Under theCorporations Act, a company has validly signed the contract if the signatures come from:

two directorsof a company;
one director and one company secretary;

My question is that if the loan is signed by only 1 director, and it's already 3 months after the contract is entered into, what is the validity of the enforcement of the contract?

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