On March 2, Propp, Agee, and Capel meet as the directors of Bubba's Burritos, Inc. and elect Propp as president. On March 3, Propp, thinking he is president of Bubba's Burritos, Inc., acting on behalf of the corporation, signs a lease between Bubba's and L & L Realty. Propp and the people at L & L all think that Bubba's Burritos, Inc. is a corporation. When they discover that no corporation was formed, the people at L & L seek to enforce the lease against Propp personally.

a) Is Propp liable on the lease?

b) Are Agee and Capel liable on the lease?