A Promoter Enters into a Contract on Behalf of a Proposed

question 49

Multiple Choice

A promoter enters into a contract on behalf of a proposed corporation.The corporation has not yet come into existence.Which of the following statements best describes the promoter's liability on this contract?

• A) If the corporation never comes into existence,the promoter will be liable on this contract.
• B) Once the corporation comes into existence,the promoter is automatically released from this contract.
• C) If a novation occurs,the promoter is released from this contract.
• D) Even if the corporation is never formed,the promoter is not liable on this contract.
• E) both A and C

Comprehend the Seven Rights of medication administration to ensure patient safety.

Grasp the process for verifying patient identity and medication correctness before administration.

Understand the role and types of supplementary labels on prescription containers.

Recognize the importance of proper documentation following medication administration.

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Definitions:

Designated Departments

Refers to specific divisions or sections within an organization, each responsible for different tasks or areas of operation.

Social Media Professionals

Experts who specialize in creating, managing, and analyzing content and campaigns on various social media platforms.

General Motors

An American multinational corporation that designs, manufactures, markets, and distributes vehicles and vehicle parts.

Yum! Brands

A multinational corporation that operates or licenses several fast food restaurant brands, including KFC, Pizza Hut, and Taco Bell.