A posts offer to B.
B posts acceptance without knowledge that A died one day earlier
B posts acceptance without knowledge that A died one day earlier
Anonymous Quiz
29%
A. No contract because proposer dead
36%
B. Contract formed at posting of acceptance
33%
C. Contract voidable by legal heirs
3%
D. Acceptance ineffective till received
❤1
Subscriber dies after signing MOA but before incorporation.
Anonymous Quiz
7%
A. Incorporation invalid
15%
B. MOA void
50%
C. Company may still validly incorporate if statutory requirements satisfied
28%
D. Legal representatives automatically become subscribers
❤1
UPSI shared confidentially with legal advisors under NDA during acquisition due diligence.
Anonymous Quiz
14%
A. Always prohibited
59%
B. Potentially permissible under legitimate purpose framework
24%
C. Valid only after public disclosure
3%
D. Exempt permanently from PIT rules
❤1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
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❤1
Material event disclosure obligation depends primarily upon:
Anonymous Quiz
17%
A. Management convenience
20%
B. Auditor approval
52%
C. Potential impact on investors/market price
11%
D. Shareholder approval first
❤2
Subscriber dies after signing MOA but before incorporation.
Anonymous Quiz
9%
A. Incorporation invalid
12%
B. MOA void
52%
C. Company may still validly incorporate if statutory requirements satisfied
27%
D. Legal representatives automatically become subscribers
❤1
Collateral agreement connected to illegal agreement is:
Anonymous Quiz
39%
A. Voidable
11%
B. Valid always
37%
C. Tainted and generally unenforceable
13%
D. Automatically criminal
❤1
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