Welcome back to the Bar Exam Toolbox podcast! In today's episode, we talk about how corporations are formed, what happens when formation isn’t completed, and the details of pre-formation contract liability.

In this episode, we discuss:

How is a corporation properly formed?
Characteristics of de facto, de jure, and corporations by estoppel
Analyzing two hypos, from the February 2013 and February 2005 California bar exams
The Revised Model Business Corporation Act
Promoter liability in pre-incorporation contracts

Resources:

Download the Transcript
(https://barexamtoolbox.com/episode-150-listen-and-learn-corporate-formation-and-pre-incorporation-liability/)

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Thanks for listening!

Alison & Lee

150: Listen and Learn -- Corporate Formation and Pre-Incorporation Liability

The Bar Exam Toolbox Podcast: Pass the Bar Exam with Less Stress