Jones & Co

question 22

Multiple Choice

Jones & Co.is a business concern in the process of being set up.Its promoters have entered into preincorporation contracts.After the corporation comes into existence,the promoters can be released from liability through:

• A)an agreement with the corporation wherein the corporation agrees that it will be substituted for the promoter.
• B)an agreement with the third party before adoption of the preincorporation agreement.
• C)an agreement with the corporation and third party wherein all three agree that the corporation will be substituted for the promoter.
• D)the preincorporation contract with the third party.

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Definitions:

IPT Label

Refers to the categorization or identification of Interpersonal Therapy within therapeutic models.

Contextual Therapy

A form of therapy that focuses on individual behavior in terms of familial and societal relationships and patterns across generations.

Humanistic Therapy

A psychotherapeutic approach that emphasizes individual potential for growth and the importance of human values, creativity, and self-realization.

Integrative Therapy

An approach to psychotherapy that combines different therapeutic practices and techniques to fit the needs of the individual client.