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WAEC SSCE - Commerce - 1990 (Objective)

Pergunta 1 Relatório

Which of the following is not required in a Memorandum of Association? The
Detalhes da Resposta
The option that is not required in a Memorandum of Association is "names of the Board of Directors". A Memorandum of Association is a legal document that sets out the company's constitution and defines the company's objectives, scope of activities, and powers. It also contains the name of the company, location, limitation of member's liability, and objectives of the company. However, the names of the Board of Directors are not required in the Memorandum of Association because the composition of the Board can change over time, and it is not necessary to have a list of specific names in a legal document that defines the company's constitution.
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