post incorporation contracts
pre-incorporation contracts
provisional contracts
both B and C
Answer is Right!
Answer is Wrong!
The correct answer is: B. pre-incorporation contracts.
A pre-incorporation contract is a contract entered into by promoters on behalf of a company that is not yet incorporated. The promoters are personally liable for the debts and obligations of the company under a pre-incorporation contract.
A post-incorporation contract is a contract entered into by a company after it has been incorporated. The company is liable for the debts and
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