FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A is the promoter of BDX Sdn. Bhd. On 1.1.2020, A on behalf of the company entered into a contract with XYZ Sdn. Bhd. for

A is the promoter of BDX Sdn. Bhd. On 1.1.2020, A on behalf of the company entered into a contract with XYZ Sdn. Bhd. for the supply of 5 laptops to be used in its office. The laptops were delivered to A on 15.2.2020. BDX Sdn. Bhd. was incorporated on 15.3.2020 and the company utilised the laptops a few days later to email potential clients.

Advise BDX Sdn Bhd. whether it is bound by the contract with XYZ Sdn. Bhd.

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

Business Law and the Legal Environment

Business Law and the Legal Environment

Authors: Jeffrey F. Beatty, Susan S. Samuelson, Patricia Sanchez Abril

8th edition

1337404667, 1337404662, 9781337404532, 1337404535, 978-1337736954

More Books

Students also viewed these Law questions

Question

★★★★★
Procter & Gamble has brands such as Tide, Pampers, and Gillette. A partial income statement from its annual report for the fiscal year ending in June 30, 2011, showed the following actual numbers and...

Answered: 1 week ago

Question

★★★★★
Fair value journal entries, available-for-sale investments The investments of Steelers Inc. include a single investment: $400,000 of Bengals Inc. 5% bonds purchased at 100 on January 1, 20Y7. These...

Answered: 1 week ago

Question

★★★★★
Vocabulary People who read extensively and have large vocabularies are usually highly successful in their careers. What do you think explains this? Are you interested in building your v ocabulary? E...

Answered: 1 week ago

Question

★★★★★
Pam Corporation acquired its 90 percent interest in Sun Corporation at its book value of $3,600,000 on January 1, 2016, when Sun had capital stock of $3,000,000 and retained earnings of $1,000,000....

Answered: 1 week ago

Question

★★★★★
The unadjusted trial balance of Ashton Air Purification System at December 31, 2016, and the data needed for the adjustments follow. (Click the icon to view the trial balance.) (Click the icon to...

Answered: 1 week ago

Question

★★★★★
3.) The Electric Parts Division of Babylon Corporation has recently made a proposal to Cable division. The Electric Parts Division would like to make a 'special switch' with gold-plated parts. It...

Answered: 1 week ago

Question

★★★★★
An electronic store sells particular model of a laptop computer. There are only six laptops in stock, and the manager wonders what daily demand for this particular model will be. She learns from the...

Answered: 1 week ago

Question

★★★★★
Suppose that, in each period, the cost of a security either goes up by a factor of u = 2 or down by a factor d = 1/2. Assume the initial price of the security is $100 and that the interest rate r is...

Answered: 1 week ago

Question

★★★★★
Sarik was surprised by how many conversations it took to make a deal with CorpCo. What pitfall did Sarik experience?

Answered: 1 week ago

Question

★★★★★
I am responsible for paying all the bills at my company. I notice that we, the buyers, have received a shipment for which the bill of lading says, "freight prepaid". Am I correct that we will be...

Answered: 1 week ago

Question

★★★★★
Situation Roles: You = Account Manager at Amazon Para = Marketing Director at Blue Intelligence, Inc. Taylor = Your manager at Amazon Background: In addition to concerns over higher costs during your...

Answered: 1 week ago

Question

★★★★★
Back to Assignment Attempts 0 0 Average 0 / 1 4. Shifts in production possibilities Suppose South Africa produces two types of goods: agricultural and capital. The following diagram shows its current...

Answered: 1 week ago

Question

★★★★★
7. Find four examples that illustrate the statement: Beyond a certain point, open-ness regarding information and communication can become detrimental to relationships.

Answered: 1 week ago

Question

★★★★★
2. In this chapter, the reader should reflect on the following concepts:

Answered: 1 week ago

Question

★★★★★
1. To gain knowledge about the way information is stored in memory.

Answered: 1 week ago

Previous Question Next Question