Examlex
Shippers' associations ___________.
Preincorporation Contracts
Agreements entered into on behalf of a corporation not yet formed, which the corporation may later ratify or reject.
Promoter
A person who incorporates a business, organizes its initial management, and raises its initial capital.
Preincorporation Contract
An agreement made by the incorporators or promoters of a company on behalf of the company before it has been legally formed.
Liable
Legally responsible or obligated to compensate for harm, loss, or damage caused by one's actions or omissions.
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