A promoter can be held liable for a pre-incorporation contract only if it can be proved that the situation was such and it had the aim to make the promoter a representative to the contract. (Kelner v. Baxter as understood by Newborn v. Sensolid Ltd.,1 Black v. Smallwood,2 and Wickberg v. Shatsky3). 3. If a promoter purports to act as a representative of a corporation before its formation, the.
Interpreting contracts in English law is an area of English contract law, which concerns how the courts decide what an agreement means.It is settled law that the process is based on the objective view of a reasonable person, given the context in which the contracting parties made their agreement.This approach marks a break with previous a more rigid modes of interpretation before the 1970s.