• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

June 2025 ACCA Exams

How was your exam? Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

Preincorporation contract

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Preincorporation contract

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • January 6, 2018 at 9:43 am #427400
    humai
    Participant
    • Topics: 757
    • Replies: 248
    • ☆☆☆☆☆

    Don was instrumental in forming Eden plc, which was registered and received its trading certificate in
    December 20X4. It has subsequently come to the attention of the board of directors that the following events
    had taken place prior to the incorporation of the company:
    Don entered into a contract in the company’s name to buy computer equipment, which the board of
    directors does not wish to honour.
    Don entered into a contract in the company’s name to develop a particular patent, which the board of
    directors of Eden wishes to pursue but in relation to which the other party does not wish to proceed.
    Don entered into an agreement with Fad Ltd for business equipment. The agreement was made ‘subject to
    adoption by Eden plc’ but now Eden plc does not wish to pursue the agreement.

    Sir in this question can Don or Fad ltd claim reimbursement from Eden plc for the business equipment ?

    January 6, 2018 at 12:44 pm #427421
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23318
    • ☆☆☆☆☆

    No, neither Don nor Fad is able to claim against Eden

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘Preincorporation contract’ is closed to new replies.

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • John Moffat on Activity Based Costing part 1 – ACCA Performance Management (PM)
  • Shabi on Activity Based Costing part 1 – ACCA Performance Management (PM)
  • Ark1 on Variance Analysis (part 4) – ACCA Management Accounting (MA)
  • EricObi on IAS 37 – Best estimate – ACCA Financial Reporting (FR)
  • Ken Garrett on The nature and structure of organisations – ACCA Paper BT

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in