Alleging breach of contract

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Reference no: EM13139062

Dan is a promoter for the soon-to-be- incorporated firm of E- business, Inc. Dan signs a contract with Smith & Jones, accountants, to render their services before E-Business is incorporated and for one year after the incorporation. E-Business is incorporated. Three months later, after Smith & Jones has continued performing under the contract, the E-Business board of directors tells the accountants that it is canceling their contract. Smith & Jones files a suit against Dan and E-Business, alleging breach of contract. Will Smith & Jones prevail ?

Reference no: EM13139062

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