Business, 20.03.2020 06:06 ellieflores8400

To protect his personal assets, Clyde is incorporating his business, a residential community development company. The incorporation took place on 1 May, 2014. Clyde, had wanted to be ready to begin work as quickly as possible, and so had entered into contracts with vendors for the initial development project in March and April. Will Clyde's liability on these contracts with vendors differ before and after the incorporation became effective, and is there an option to relieve himself from any personal liability which might exist on those contracts?

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