The first directors are usually named in the _______.

memorandum

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article

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prospectus

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self prospectus

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Solution

The correct option is B article
Except for any regulations in the Articles of a company, the subscribers to the Memorandum of Association, or the company's charter or constitution ("Memorandum"), shall be deemed to be the Directors of the company, until such time when Directors are duly appointed in the annual general meeting ("AGM").

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