Which of the following brings a company into legal existence?

Assessment: WAEC SSCE - Financial Accounting - 2003 (Objective) Subject: Financial Accounting

Question 1 Report

Which of the following brings a company into legal existence?
Answer Details
The document that brings a company into legal existence is called the Certificate of Incorporation. This document is issued by the relevant government agency (usually the Companies Registry) after the company has fulfilled all the legal requirements for registration, including filing the Memorandum and Articles of Association, paying the necessary fees, and providing other required documents. The Certificate of Incorporation is a legal proof that the company exists as a separate legal entity and has been duly registered with the government. It contains important information about the company, such as its name, registration number, date of incorporation, and registered office address.

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