Question
What is the best way of ensuring that a promoter has no liability on contracts made by him/her with third parties on behalf of a
What is the best way of ensuring that a promoter has no liability on contracts made by him/her with third parties on behalf of a corporation?
A) Ensure that the contracts have a novation clause.
B) Make contracts only for existing corporations.
C) Ensure that the contracts have an automatic novation clause.
D) Make the corporations adopt the contracts.
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Accounting The Ultimate Guide To Accounting Principles
Authors: Greg Shields
1st Edition
1722964839, 978-1722964832
