Choose one of the following answer :

On 1 April 2019, Colette, the promoter for 'Pet Toys Australia Pty Ltd' (PTA) entered into a pre-registration contract with 'Pets Emporium Ltd' (PE) tosupply PE with pet toys. Parties did not specify a period of time in which ratification of the pre-registration contract was to occur within. On 2 April 2019, the new company was issued with a Registration Certificate. In order forPTA to be liable for the pre-registration contract with PE, indicate when ratification should occur:

9-12 months

12-18 months

1-8 weeks

7-8 months