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Kirby Subscribed to Purchase 10,000 Shares of Stock to Be

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Kirby subscribed to purchase 10,000 shares of stock to be issued by Globule Inc.,an existing corporation.Globule accepted the subscription.The price set forth in the subscription agreement was $10 per share.When the time came for Kirby to pay the amount of his subscription,Kirby paid only $6 per share,claiming that such amount represented the fair value of the shares.Globule delivered the stock certificates to Kirby for $6 per share.Is Kirby liable to Globule for the other $4 per share?

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Definitions:

Norepinephrine

A neurotransmitter and hormone involved in the body's fight or flight response, affecting mood, attention, and stress responses.

Mania

A state of abnormally elevated or irritable mood, arousal, and energy levels, often associated with bipolar disorder.

Epigenetic Effects

Variations in how genes are expressed, which are due to factors other than alterations in the DNA sequence.

Molecular Tags

Specific molecules or biochemical markers that are attached to certain proteins or DNA/RNA sequences, enabling their identification and tracking within cellular processes.

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