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Source Corporate Formation Corporate Formation Matched to this deck.

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A founder ordered inventory on Monday under the name "Seaside Gear, Inc." but did not file articles until Friday. The seller delivered the inventory on Tuesday and never agreed to release the founder.
Which statement is most accurate?

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The founder has shareholder limited liability for a purchase made before the corporation existed. The founder is personally liable on the pre-filing purchase unless the seller agreed to look only to the later corporation or later released the founder. The founder is immune because the invoice used the proposed corporate name. The founder is immune because the founder planned to file articles soon.

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