Hua and Ignacio decide to incorporate Exam Co.
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Please help me to solve the below question.

1.      Hua and Ignacio

decide to incorporate Exam Co. They decide not to use an attorney, and instead rely on a form-book that they purchase in a bookstore. They mail their articles of incorporation to the appropriate filing location (the relevant Secretary of State) on September 1. The same afternoon, Hua signs a contract to purchase a piece of real property as "Hua, President of Exam Co." Assuming that the Secretary of State rejects the articles because of an error that they contain, will Hua be liable on the contract? Why or why not? Will Ignacio be liable on the contract? Why or why not?

Do you think that the jurisdiction makes any difference? Why or why not?

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