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Business, 24.11.2021 20:50 kels7618

Paul is the sole incorporator of Hemp Co., a company that processes hemp into clothing. Prior to incorporation, Paul enters into a contract on Hemp Co.'s behalf with a local farmer for the purchase of the crop. After formation of the corporation, the board does not ratify the contract because Paul bought the crop at 3 times the market price. Who is liable to the farmer?

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Paul is the sole incorporator of Hemp Co., a company that processes hemp into clothing. Prior to inc...
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