Only When the Promoter Is Liable on the Preincorporation Contract

question 5

True/False

Only when the promoter is liable on the preincorporation contract is the other party liable on the contract.

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Definitions:

Transactional Analysis

A psychotherapeutic approach that examines interactions and transactions between people to identify and address unproductive patterns.

Second-Order

Pertaining to changes or effects that are one step removed from the initial cause, often involving more complex or indirect relationships.

Structural Analysis

A method in engineering and architecture for determining the effects of loads on physical structures and their components.

Structural Analysis

A method used to analyze the structure of societies, organizations, or systems to understand the relationships and functions within them.