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Amy Is the Promoter of JKL Corporation

Question 88

Multiple Choice

Amy is the promoter of JKL Corporation.Before the corporation comes into existence,Amy leases office space for its headquarters.Amy signs the contract,"Amy for JKL Corporation." Due to unforeseen difficulties,JKL never comes into existence.The landlord,however,still wants Amy to pay for the office space.Amy refuses and the landlord sues.The outcome will most likely be which of the following?


A) The landlord wins.
B) Amy wins,because the corporation is liable on the contract.
C) Amy wins,because,as the corporation never came into existence,the contract is void.
D) Amy wins,because the contract was ratified by the corporation.
E) Amy wins,because there was a valid novation.

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