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Business Studies

Functions of Promoter

The domicile ...

Question

The domicile clause of the Memorandum of Association states about the ______ of a company.

A

capital

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B

liability

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C

registered address

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D

None of these

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Solution

The correct option is B registered address
The second clause of the MOA, the 'domicile' clause specifies the location of the company's registered office. The domicile clause will not exactly contain the address of the registered office, but the state or union territory in which the registered office of the company is located.

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