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Memorandum of association of a firm contains _______.

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Memorandum of association of a firm contains _______.
  • Arules regarding the internal management of the company
  • Brules regarding the constitution and activities of the company
  • Crules regarding the external management
  • Drules regarding the constitution
Correct answer: B
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CCommunity
rules regarding the constitution and activities of the company

Memorandum of association of a firm contains rules regarding the constitution and activities of the company. Memorandum of Association (MOA) is a legal document which specifies the scope of business activities of the company and information about shareholding of the company. The MoA is a document prepared for the Company registration procedure.
0
CCommunity
option (B)