A document that contains the relationship between the company and outsiders is?

Assessment: WAEC SSCE - Commerce - 2016 (Objective) Subject: Commerce

Question 1 Report

A document that contains the relationship between the company and outsiders is?

Answer Details
The document that contains the relationship between the company and outsiders is the memorandum of association. It is a legal document that sets out the constitution of the company and defines the company's relationship with the outside world, including its objectives, powers, and the rights of its members. The memorandum of association is one of the key documents that must be filed when a company is being registered. It is a public document that anyone can access to find out information about the company, such as its name, registered office address, and the objects for which it was incorporated.

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