Assignment task:
Charles was setting up Charles Investments, Incorporated, but had not yet incorporated. Charles entered into an agreement with Superior Staffers to supply his office with 20 clerical employees. In June, he signed a contract to pay Superior Staffers $75,000 per month in consideration of providing the 20 employees for his main corporate office. In October, he informed Superior Staffers that he had decided to breach the contract. In November, he finally incorporated Charles Investments. Superior Staffers then sued Charles personally for breach of contract in December. What result? Charles was setting up Charles Investments, Incorporated, but had not yet incorporated. Charles entered into an agreement with Superior Staffers to supply his office with 20 clerical employees. In June, he signed a contract to pay Superior Staffers $75,000 per month in consideration of providing the 20 employees for his main corporate office. In October, he informed Superior Staffers that he had decided to breach the contract. In November, he finally incorporated Charles Investments. Superior Staffers then sued Charles personally for breach of contract in December. What result? Superior Staffers can sue both Charles and Charles Investments, who will be liable jointly and severally. Charles will be personally liable. Charles Investments is?