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Malloy is a promoter of MILLIONAIRE Co. Ltd, which is expected to sell fruits in Hong Kong Malloy signed a contract on 1 November 2021
Malloy is a promoter of MILLIONAIRE Co. Ltd, which is expected to sell fruits in Hong Kong Malloy signed a contract on 1 November 2021 with Agnes, before the company is incorporated to purchase fruits for the MILLIONAIRE Co. Ltd MILLIONAIRE Co. Ltd is incorporated successfully on 20 November 2021.However, after Agnes delivered all fruits to MILLIONAIRE Co. Ltd, Agnes received no payment. Agnes would like Malloy to pay, but Molloy says: "I was signing the contract for and on behalf of the MILLIONAIRE Co. Ltd., and it is the company which finally uses the ruits"
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In legal terms when Malloy signed the contract on November 1 2021 befor...
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Fundamental Managerial Accounting Concepts
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Old
7th edition
978-0077632427, 77632427, 78025656, 978-0078025655
