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In anticipation of forming Netcom, Inc., on January 1, Paul, one of three promoters, signs an agreement to purchase a patent from ABC Inc. Netcom,
In anticipation of forming Netcom, Inc., on January 1, Paul, one of three promoters, signs an agreement to purchase a patent from ABC Inc. Netcom, Inc. was never formed.
a. Who, if anyone, is liable to pay for the patent? Why?
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