The persons who sign the Memorandum of Association of a company are called:

Shareholders
Directors
Subscribers to Memorandum of Association
Promoters

The correct answer is: C. Subscribers to Memorandum of Association.

A memorandum of association is a legal document that sets out the basic information about a company, such as its name, registered office, and objectives. It is signed by the subscribers to the memorandum, who are the people who are forming the company. The subscribers are also the first shareholders of the company.

Shareholders are the owners of a company. They own a share of the company’s assets and profits. Directors are the people who are responsible for managing the company. They are appointed by the shareholders. Promoters are the people who set up a company. They are usually the first shareholders and directors of the company.

Here is a brief explanation of each option:

  • Option A: Shareholders. Shareholders are the owners of a company. They own a share of the company’s assets and profits. They are not the people who sign the memorandum of association.
  • Option B: Directors. Directors are the people who are responsible for managing the company. They are appointed by the shareholders. They are not the people who sign the memorandum of association.
  • Option C: Subscribers to Memorandum of Association. Subscribers to the memorandum are the people who are forming the company. They are the first shareholders of the company. They are the people who sign the memorandum of association.
  • Option D: Promoters. Promoters are the people who set up a company. They are usually the first shareholders and directors of the company. They are not the people who sign the memorandum of association.