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The New Lawyer Supplement

May 30, 2007

Question 2

I. Rita and Fred's personal liability to Landlord

I. Rita and Fred's personal liability to Landlord
      A. Promoter liability
      A promoter is one who helps to form a corporation. He is liable on contracts he signs on behalf of a corporation-to-be-formed unless (1) the intent of the creditor was to hold only the corporation liable or (2) the corporation enters into a novation of the contract.
      1. Intent of ...

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