Memorandum of association of a firm contains _______.
A. rules regarding the internal management of the company
B. rules regarding the constitution and activities of the company
C. rules regarding the external management
D. rules regarding the constitution
Answer: Option B
Solution(By Examveda Team)
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.Related Questions on Business and Commerce
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