Pick out the correct answer from the following and give reasons:
Contracts which are entered into, by agents or trustees on behalf of a prospective company before it has come into existence are called:
| (1) | Provisional contracts |
| (2) | Pre–incorporation contracts |
| (3) | Both provisional and pre–incorporation contracts |
| (4) | None of the above. |
 | salma Kamdar 8th Mar 2012 at 00:23 | Show answer |
