answersLogoWhite

0

If the company was not incorporated when the document was created, the company must have been a partnership or a sole-proprietorship. Whoever signed the contract is legally bound by the contract. If a partner signed, the partnership is legally bound. If a person signed, that person is legally bound.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

How does a business go about getting building contracts?

Getting building contracts as a business depends on factors such as reputation, references from previous work and what kind of offer that can be made to the potential customer. A construction business should have good sales persons and marketing expertise to help out getting building contracts.


The of 1914 strengthened previous corporation control laws and made illegal certain methods big business used to eliminate competition?

Clayton antitrust act


What is the fullname of cmc ltd?

Computer Maintenance Corporation, The previous answer was wrong


In case of transfer of a business who is liable to pay service tax?

This should and would be defined in the agreement to purchase the business and also could be based on the type of sale. Say you purchase a corporation by simply purchasing all the shares of the corporation from the previous owners. In this case you would have also purchased all the receivables and debts of the business. I was considering purchasing a corporation years ago but due to the financial situation of the business we proposed doing an asset buyout. In this case we would have purchased the assets of the company including the name, patents, and receivables of the company but not the shares, debts, and assets that were pledged as security.


What is the difference between business arising and new business?

Business arising: matters to discuss that come from the previous minutes or from a previous discussion. New business: matters to discuss that have not been raised before now


What was Chrysler corporation 1983 stock price?

The Chrysler corporation 1983 stock price was $26.75. In the previous year, their stock price was at $15 per share.


Is a business owner responsible for the previous owners debts?

If it is a new business, then they are not responsible. If the new business owner had obligations with the previous one, they may be responsible for debts. The terms of the contract will dictate this issue.


What was the annual revenue of Microsoft Corporation in 2012?

According to the Microsoft Corporation website the annual revenue for the corporation in 2012 was $73,723. The net income of the Microsoft Corporation for 2012 was $16,978. The revenue income was increased from the previous year, but the net income was less than in 2011.


What are spy options 1256 contracts and how do they differ from other types of options contracts?

Spy options 1256 contracts are options contracts based on the SPDR SP 500 ETF Trust (SPY) that fall under Section 1256 of the Internal Revenue Code. These contracts differ from other types of options contracts in that they are subject to different tax treatment, with potential benefits such as a lower tax rate on gains and the ability to carry losses back to previous years.


What time of year?

There's no regular "on" and "off" season in the cellular phone business as there is in the airline industry, because people are constantly starting and ending contracts throughout the year. One fairly reliable pattern is that when a new version of a phone comes out, the price of the previous version tends to drop.


Can only Supervisors become Community Assistants?

Community Assistants are employees of Answers Corporation. No, Community Assistants do not have to be previous Supervisors.


What association of 1914 strengthened previous corporation control laws and made illegal certain methods big business used to eliminate competition?

It was not an association but an act, it was the Clayton antitrust act that made monopolies illegal, the boardgame too, just kidding on the board game part.

Trending Questions
Can a parent who owes back child support be held in contempt of court? How can you get a divorce if your husband lives in Peru and you have never lived together and immigration will not allow him back in the US? Employment verification questions? What is requisite of partnership? Am I required to store property left by former occupant? If a lease has a primary person on it but there are two others on the lease because they live there can one of the others take over and put lease under there name when the primary person moves out? What might happen if the Constitution allowed state laws to have supremacy over federal laws? Who should yield the right of way to drivers at a 4-way stop? What do you need a flicer brush when the dandy is the same? What is the minimum age to sale alcohol in Texas at a store? The six areas of space around a vechicle that are the width of a lane and extend as far as the driver can see are called? What approach to case investigation involves using specialists in various fields from within a particular jurisdiction? What was called when people who smuggled illegal alcohol during helped of growth of organized crime? Is George rodrigue Hispanic? When can a child sit in the passenger seat of a car in california with no air bag? President Pratibha Patil recently visited Chile Brazil and Mexico During her trip with what countries did India sign an extradition treaty? What are the advantages of a bicameral structure of congress proposed by the constitution as opposed to the unicameral structure proposed by the article of confederation? Criminal sentences are decided by prosecutors? Can a single parent from the UK immigrate with her child to the US legally? An interested party not directly involved with a case?