Question on: SS2 Accounting - Memorandum of Associations
What is the capital clause in the Memorandum of Association?
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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.
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Correct Option: A
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