Which of the Following Methods Is Not One by Which

question 31

Multiple Choice

Which of the following methods is not one by which a company can execute a contract directly?

• A)The two directors signing a contract without using a written seal.
• B)The two directors cutting their skin with a pocket knife as they face the East, exchanging blood, and swearing on their mother's graves if this process is authorised by the company's constitution.
• C)Affixing a common seal to a written contract and having two directors sign it.
• D)Shaking hands.

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Definitions:

Installs

The process of setting up software or hardware for it to be ready for use in a computer system.

Principal and Agent

A relationship where the principal grants authority to the agent to act on the principal’s behalf in dealing with third parties.

Insurance

A financial product offering protection against possible future losses or damages in exchange for premium payments.

Trusts

Legal arrangements where one person, the trustee, holds property for the benefit of another, the beneficiary, according to the terms of the trust document.