Question on: WAEC Accounting - 2012
Which of the following is a form of memorandum of association
A
names of directors
B
appointment of directors
C
object of the business
D
payment of dividend
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Correct Option: C
A memorandum of association contains a name clause, registered office clause, object (or objective clause), objects clause, liability clause, capital clause, and association clause. An MOA is a type of legal paper that is prepared when forming and registering a limited liability company (LLC).
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