Practice question · Multiple choice
Three founders sign a supplier contract "on behalf of TechNova S.L." two weeks before the company is registered. Registration never happens. Who owes the supplier?
Hints
- When does a company acquire legal personality?
- Someone signed, and it wasn’t a person that existed.
Show the answer
B. The three founders, personally
Why
Without registration there is no legal person to be bound, so those who acted answer personally and jointly. The wall between personal and company debts is built on registration day, not on good intentions.
Practise Legal Personality and Capacity to Act
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