A memorandum of association is a document
COMMERCE
WAEC 2017
A memorandum of association is a document
- A. defining a company's relationship with the public
- B. inviting the public to buy a company's shares
- C. governing the affairs of the partnership
- D. regulating a company's internal affairs
Correct Answer: A. defining a company's relationship with the public
Explanation
A Memorandum of Association (MOA) is a legal document prepared in the formation and registration process of a limited liability company to define its relationship with shareholders. (public)
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