Problem
Jane, a promotor, enters into an exclusive agency agreement with a commercial property real estate company, Jefferson Realty, before her corporation, Jane, Inc., is formed. After Jane, Inc. is incorporated, Jefferson Realty shows its President three commercial properties and makes an offer to lease one of them on behalf of Jane, Inc. Unhappy with the services of Jefferson Realty, Jane, Inc. enters into an agency agreement with another real estate company. Jefferson Realty sues Jane, Inc. for breach of the exclusive agency agreement. Jane, Inc. defends on the ground that it never agreed, orally or in writing, to be bound by the pre-incorporation agreement. What is the likely result of Jefferson Realty's lawsuit?