AUE 1601 ASSIGNMENT 1
Johns Hopkins University
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AUE 1601 ASSIGNMENT 1
- Exam (elaborations) • 3 pages • 2021
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AUE1601 
LEGAL ASPECTS IN ACCOUNTANCY 
2020 SEMESTER 1 
ASSIGNMENT 1 SUGGESTED SOLUTION 
UNIQUE NUMBER: 
1. 3 If the company in whose name the pre-incorporation contract has been entered is not 
subsequently incorporated, the company will remain liable for any liabilities as a result of the preincorporation contract. 
2. 1 Makes submissions to the board on any matter concerning accounting 
policies, financial control, records, and reporting of the company. 
3. 1 If there is more than one class ...
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