About this document
Promoters and Pre-Incorporation Contracts by mosojanephazha is a document available to read on EtoBox.
Promoters are essential for the formation of a company, undertaking preliminary steps and purchasing property for its operation. They have fiduciary duties to disclose any conflicts of interest and can face legal consequences for breaches, including rescinding contracts and accounting for profits. Additionally, pre-incorporation contracts cannot bind the company as it lacks contractual capacity before incorporation.
- Author
- mosojanephazha
- Language
- EN