Discuss promoter not binding on a corporation

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Reference no: EM131625851

Does a promoter's personal liability continue even after the corporation is formed? Can he or she look to the corporation for indemnity after the corporation is formed?

In what instance(s) is a contract made by a promoter not binding on a corporation?

In whose favor does a court construe an ambiguous agreement?

Reference no: EM131625851

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