Tom Is the Promoter of a New Corporation That Has

question 53

True/False

Tom is the promoter of a new corporation that has not yet been incorporated.On behalf of the as yet unincorporated business, he enters into a three-year lease agreement for office space and personally signs the lease in his own name.The corporation is liable on the contract, because Tom is its agent.

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Definitions:

Domain

The set of all possible input values for which a given function is defined.

Function

A mapping from a set of inputs to a set of acceptable outputs, where each input is allocated to a sole output.

Radical Expression

An expression that contains a radical symbol, which denotes the root of a number or expression.

Square Root

A mathematical operation that gives the number which, when multiplied by itself, yields the original number.