Examlex
Consider the following function. Determine the values of a for which
exists.
Preincorporation Contracts
Agreements entered into on behalf of a corporation not yet formally established, raising questions about liability and authority.
Promoter
A promoter is an individual or company involved in founding or organizing a business or enterprise, typically responsible for raising capital, arranging for necessary legal documents, and setting up operations.
Personally Liable
The legal responsibility of an individual to satisfy debts or obligations from their own assets.
Preincorporation Subscription
An agreement by an investor to purchase stock in a corporation, made before the corporation is legally formed.
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