In relation to the Judicial Interpretations （III) on the Company Law by the Supreme People

In relation to the Judicial Interpretations (III) on the Company Law by the Supreme People’s Court, explain the rule to be followed by the people’s courts in dealing with the circumstances under which the counterparty to a contract for the purpose of setting up the company:

(a) signed by a sponsor in their name, requests the sponsor to be responsible for the contract; (3 marks)

(b) signed by the sponsor in their name, requests the company to be responsible for the contract; (4 marks)

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