Beta

Flashcards Studio

Write, submit, and receive AI feedback with score breakdowns.

Study Settings View Stats

Grades Left 0 this week

AI Graded 0 this week

Tracked Cards 0 saved

Due Review 0 cards

Source Confrontation Clause Complete Evidence List Showing the closest available flashcard practice.

Topic

Question Type

Reader

0 tracked cards Business Associations

A promoter signed a preincorporation contract for web-hosting services. After incorporation, the corporation used the hosting services for four months, paid two invoices from its corporate account, and then refused to pay the remaining invoices.
Which statement is most accurate about corporate liability?

Choose the Best Answer

The corporation adopted the contract only if the promoter had no personal liability. The corporation adopted the contract automatically when articles were filed, regardless of its later conduct. The corporation can adopt only tort obligations, not contracts. The corporation may adopt a preincorporation contract expressly or impliedly by accepting benefits with knowledge of the material terms.

Load another random question

Your Progress

No data Retention

Tracked Cards: 0
Accuracy: No data
Retained: 0

View Detailed Analytics

Difficulty Breakdown

Answer flashcards to build a real score-based difficulty breakdown.

Current Streak 0 Days

Start a streak with this card.

Suggested Decks

View All

Leech Cards

Review

No recent weak flashcards in your saved workbook.

More

Flashcards Studio

Question

Choose the Best Answer

Hello