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What is the capital clause in the Memorandum of... - SS2 Accounting Memorandum of Associations Question

What is the capital clause in the Memorandum of Association?

A

It outlines the amount of capital that the company is authorized to raise and the types of shares that it can issue.

B

It specifies the registered office of the company.

C

It outlines the duties of the company's directors.

D

It states that the subscribers to the MOA wish to form a company.

correct option: a
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