Question

A company can ratify preliminary contracts after incorporation.

Answer 1

Explanation:

(Q) A company can ratify preliminary contracts after incorporation.

Answer : False

Preliminary contracts or pre-Incorporation contracts are not legally binding on the company. A company cannot ratify a preliminary contract.

Answer 2

Answer:

False

Preliminary contracts or pre-Incorporation contracts are not legally binding on the company. A company cannot ratify a preliminary contract.

Explanation:

hope it helps u

:)