1.Which TWO of the following are methods that a promoter can use to avoid liability on pre-incorporation contracts?
(1) Signing the pre-incorporation contract 'on behalf of the company'
(2) Executing the pre-incorporation contract as a deed
(3) Buying an 'off-the-shelf' company
(4) Novating the contract
A 1 and 2
B 1 and 3
C 2 and 3
D 3 and 4 (2 marks)
2. To register a company, a number of documents must be submitted to the Registrar of Companies. Which of the following is NOT a document that needs to be sent to the Registrar to register a company?
A Articles of association
B Memorandum of association
C Statement of compliance
D Statement of proposed officers