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Question Type

Essay Multiple Choice

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All Jurisprudence based

0 tracked cards Commercial and Taxation Laws

Two promoters sign separate personal arrangements: A promises an unconditional earned fee; B promises a different fee only upon a valid third-party approval condition not yet fulfilled. No prevention or other exception is shown. A court treats both as identical solely because both arranged incorporation. Which is best?

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All promoters necessarily owe exactly the same obligations Their actual promises and conditions must be distinguished Neither contract can ever be examined Only later shareholding determines every contract

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