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Which document defines a company's objects, fundamental conditions, and scope of activities?
  • a)
    Articles of Association
  • b)
    Statement in Lieu of Prospectus
  • c)
    Memorandum of Association
  • d)
    Certificate of Incorporation
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which document defines a company's objects, fundamental conditions, an...
The Memorandum of Association is the main document of a company that defines its objects and lays down fundamental conditions upon which the company is formed. It governs the company's relationship with the outside world, its activities, and its purposes.
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Which document defines a company's objects, fundamental conditions, and scope of activities?a)Articles of Associationb)Statement in Lieu of Prospectusc)Memorandum of Associationd)Certificate of IncorporationCorrect answer is option 'C'. Can you explain this answer?
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