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Zurry and Lana (promoters) have submitted an application to the Registrar of Companies for getting a company incorporated. Pending the Registrars decision of granting certificate

Zurry and Lana (promoters) have submitted an application to the Registrar of Companies for getting a company incorporated. Pending the Registrar’s decision of granting certificate of incorporation, the promoters enter into certain contracts for the purchase of some assets for the proposed company.

Asisst them on who is liable to pay the pre-incorporation contract. Support your answer with a case citation (any United Kingdom cases)

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ANSWER Premerging contracts are contracts entered by someone who acts on behalf of a company that does not exist People who enter into the agreement h... blur-text-image

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