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A memorandum of association is a document

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Commerce WAEC 2017

A memorandum of association is a document 

  • defining a company'sΒ relationship with the public checkmark
  • inviting the public to buy a company's shares
  • governing the affairs of the partnership
  • regulating a company's internal affairs

The correct answer is: A

Explanation

A Memorandum of Association (MOA) is a legal document prepared in the formation and registration process of a limited liability company to define its relationship with shareholders. (public)

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