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Chef Cranky is the principal of his soon-to-be-formed corporation Cranky's Kitchen Inc. He finally found a location for his new restaurant and signed a lease.

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Chef Cranky is the principal of his soon-to-be-formed corporation Cranky's Kitchen Inc. He finally found a location for his new restaurant and signed a lease. Just one year after incorporating. Cranky's restaurant failed because patrons disliked how angry and volatile he often became. Cranky defaults on the lease. If the landlord sues Cranky individually for the lease payments, who prevails? Multiple Choice Landlord, because Cranky is personally liable as a promoter Landlord, becouse Cranky was a general partner Cranky, because he is protected by the Revised Model Business Corporation Act Cranky, because he never signed a personal guarantee Cranky, because his liability as a promoter ended upon formal incorporation

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