Alan Freeman is in the process of forming a corporation in order to protect himself from liability in the operation of his construction/development business. The business is incorporated on November 1, 2011. However, Alan was anxious to get started on a townhouse development. He signed contracts with subcontractors for the project during September and October. Discuss Alan's liability before and after incorporation.

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The Answer of Alan Freeman is in the process of forming a corporation in order to protect himself from liability in the operation of his construction/development business. The business is incorporated on November 1, 2011. However, Alan was anxious to get started on a townhouse development. He signed contracts with subcontractors for the project during September and October. Discuss Alan's liability before and after incorporation.

Alan Freeman Is in the Process of Forming a Corporation