Internal rules of the Company
Guidelines for Board of Directors
Agreement between Company and Board of Directors
Charter of the Company
Answer is Right!
Answer is Wrong!
The correct answer is: D. Charter of the Company
A memorandum of association (MOA) is a legal document that outlines the basic rules and regulations of a company. It is a public document that is filed with the government when a company is formed. The MOA includes information such as the company’s name, registered office, objectives, and authorized share capital. It also sets out the rights and responsibilities of the company’s shareholders and directors.
The MOA is a fundamental document that governs the company’s affairs. It is important to ensure that the MOA is accurate and up-to-date, as it can be used to resolve disputes between shareholders and directors.
The following are the four options:
- A. Internal rules of the Company: This is not correct. The MOA is not a set of internal rules for the company. It is a public document that is filed with the government.
- B. Guidelines for Board of Directors: This is not correct. The MOA is not a set of guidelines for the board of directors. It is a public document that is filed with the government.
- C. Agreement between Company and Board of Directors: This is not correct. The MOA is not an agreement between the company and the board of directors. It is a public document that is filed with the government.
- D. Charter of the Company: This is correct. The MOA is the charter of the company. It is a public document that is filed with the government and outlines the basic rules and regulations of the company.