Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.You have graduated from a college and you want to build very .own business with colleagues from your former school. In order to do so,

1.You have graduated from a college and you want to build very .own business with colleagues from your former school. In order to do so, you meet with your colleagues and duly register the corporation of your dream. The Board of directors appoints you to find a business location and conclude a deal with the landlord to rent a space. What do you have to do in order to avoid being personally responsible toward the landlord?

a)Declare that you are a director

b) Declare that you are a mandator

c) Declare that you not liable to this contract

d) Declare that you act on behalf of your corporation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Law

Authors: Mark Elliott, Robert Thomas

4th Edition

0198836740, 978-0198836742

More Books

Students also viewed these Law questions