Question

______ states the relation of a company with outsiders.

• A. Articles of association
  
• B. Memorandum of association
  
• C. Object
• D. Table A
  

Answer 1

Answer: (B)

Memorandum of association

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. The MOA is accessible to the public and describes the company’s name, physical address of registered office, names of shareholders and the distribution of shares.