Home » Accounts (Principles of Accounts) » Which of the following is a form of memorandum of association

Which of the following is a form of memorandum of association

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
Correct Answer: Option C
Explanation

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).