Which of the Following Is a Distinguishing Characteristic of Pre-Incorporation

question 45

Multiple Choice

Which of the following is a distinguishing characteristic of pre-incorporation contracts?

• A) They can be entered into only on behalf of a shelf company.
• B) They are the sole vehicle for doing corporate business quickly.
• C) They are governed by federal and provincial statutes.
• D) They pose the same conceptual problems as tort liability.