Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Under the Corporations Act , a company has validly signed the contract if the signatures come from: two directors of a company; one director and
Under theCorporations Act, a company has validly signed the contract if the signatures come from:
- two directorsof a company;
- one director and one company secretary;
My question is that if the loan is signed by only 1 director, and it's already 3 months after the contract is entered into, what is the validity of the enforcement of the contract?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started