A document which informs about aims and objectives of the company __________________.
A
Articles of Association
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B
Memorandum of Association
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C
Table A
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D
None of these
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Solution
The correct option is C Table A
Memorandum of Association is the charter document of the company in the interest of shareholders, the public, and especially the creditors of the company. It tells about how the company is run, governed, and owned. The Articles of Association is concerned about the internal management of the company. However, Table A is a document that tells about the aims and objectives of the company. it continues to apply to companies limited by shares incorporated before first October 2009 until they adopt the model articles or the other articles.