Dina and her friends Tim and Mary consider creatingDTMConstruction Limited, a private limited liability company, for the purposes of carrying out construction works in Pafos.Before incorporation ofDTMConstruction Limited,Dina signs on behalf ofDTMConstruction Limited a contract with Panos for constructing a building in Lefkosi
A、After one month,DTMConstruction Limited is registered with the Registrar ofCompanies.DTMConstruction Limited then refuses to carry out any work for Panos.Required:Advise Panos. (10 marks)