But is it possible for a company which is not in existence to enter into an enforceable contract on behalf of the company according to common law, a company before existence cannot attain a legal status to attain contractual rights or sustain contractual liabilities existing from a pre-incorporation agreement and so the pre-incorporation.
How can the answer be improved.
Table of contents page introduction 1-2 cases in english common law 3-9 cases in malaysian company law 10-11 conclusion 12 references 13 introduction pre-incorporation contract is the contract entered by the promoters on behalf of the company before it has been registered before.
This essay has been submitted by a law student this is not an example of the work written by our professional essay writers pre-incorporation contracts and the promoter.
Persons who enter into contracts on behalf of a corporation yet to be formed are considered promoters such pre-incorporation contracts raise issues regarding the rights and liabilities of the promoter and the new corporation.
Pre-incorporation contracts are contracts entered into on behalf of a company prior to the date of its incorporation read more.