Frederick was the promoter of a limited company to be called Duke’s Wines Ltd. Thecompany was incorporated on 1 February 2015. In December 2014 Frederick bought wine tothe value of ￡2,000 from Oliver and signed the contract “Frederick, as agent for Duke’sWines Ltd”. On 1 February Duke’s Wines Ltd ratified the contract made by Frederick and on1 March 2015 went into liquidation without having paid Oliver.Who is liable to Oliver for the debt?
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