The document which is legal charter of a company that defines the limits of a...

FINANCIAL
JAMB 2023

The document which is legal charter of a company that defines the limits of a company's field of operation is known as

  • A. articles of association
  • B. equity share certificate
  • C. prospectus
  • D. memorandum of association

Correct Answer: D. memorandum of association

Explanation

The Memorandum of Association (MOA) of a company defines the constitution and the scope of powers of the company.



Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *
Add Math
Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.