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Examveda

The persons who sign Articles and Memorandum of the company and contribute in the initial share capital of the company are called

A. Subscribers

B. Shareholders

C. Managers

D. Directors

Answer: Option A

Solution(By Examveda Team)

The persons who sign Articles and Memorandum of the company and contribute in the initial share capital of the company are called Subscribers. They are called subscribers because, as part of the company formation.

This Question Belongs to Commerce >> Accounting

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