General Studies · Company Law and Contracts
Mr. Wally buys a share in a company on 1 January. To whom does Mr. Wally become contractually bound?
- 1The company and the members as on 1 January
- 2The company and the present members✓
- 3The members as on 1 January
- 4The company only
Correct answer
The company and the present members
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