Which of the following is a form of memorandum of association
Answer Details
The form of memorandum of association that is a statement of the purpose and objectives for which a company is formed is the object of the business. The object clause defines the scope of the company's activities and its goals. It outlines the company's primary objective and specifies the business that the company is authorized to carry out. This clause is included in the memorandum of association to protect the company's shareholders from the risks of the company pursuing activities that are beyond the scope of its authorized business. Therefore, the correct option is "object of the business."