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A pre-incorporation contract can be enforced by the company only if it is:
Awarranted by the terms of incorporation and adopted after incorporation
Boral in nature
Csigned by the Registrar
Dentered after winding up
Answer & Solution
Correct answer: A. warranted by the terms of incorporation and adopted after incorporation
A pre-incorporation contract binds the company only if warranted and adopted post-incorporation.
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