Question: "Until the company has been incorporated it cannot contract or do any other act. Nor once incorporated, can it become liable on or entitled under contacts purporting to be made on its behalf prior to incorporation"
Critically evaluate this statement in the light of decided case law.
Criteria for Assessment 1250 words.
This assessment is intended to test your ability to:
a) Critically identify and analyse the legal and theoretical issues raised by the quotation and the question posed.
b) Carry out the necessary research so as to fully inform your answer.
c) Critically demonstrate in your writing that you understand and have applied your research.
d) Make appropriate use of case law and academic journal articles.
e) Critically explain your reasoning in a clear and cogent fashion.