Law of corporation

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And he concluded a contract on behalf of the company, thus forming pre-incorporation agreement. It would have been pretty straight forward, if Bert would have incorporated his business and bought the computer following earlier signed agreement. Until this moment Bert is the only person who is responsible for fulfilling agreed terms with Craft & Co, because even though the company is already formed, it cannot adopt or ratify the contract signed by the promoter in pre-incorporation period (based on Re Northumberland Avenue Hotel Co [1886])...
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And he concluded a contract on behalf of the company, thus forming pre-incorporation agreement. It would have been pretty straight forward, if Bert would have incorporated his business and bought the computer following earlier signed agreement. Until this moment Bert is the only person who is responsible for fulfilling agreed terms with Craft & Co, because even though the company is already formed, it cannot adopt or ratify the contract signed by the promoter in pre-incorporation period (based on Re Northumberland Avenue Hotel Co [1886])...
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