When a Promoter Enters into a Contract on Behalf of a Corporation

When a promoter enters into a contract on behalf of a corporation that is not yet formed,the corporation will become liable on the contract:

A) at the time the promoter enters into the contract.
B) when the corporation comes into existence.
C) once the corporation has elected its initial board of directors.
D) only if the corporation, once formed, agrees to be liable on the contract.
E) only in the case of a novation.