The correct answer is: C. Both A and B
The Memorandum of Association (MoA) and the Articles of Association (AoA) are the two main documents that constitute a company. The MoA sets out the basic information about the company, such as its name, registered office, and objects. The AoA sets out the rules and regulations that govern the company’s internal affairs, such as the appointment of
directors, the issue of shares, and the distribution of profits.Both the MoA and the AoA are important documents that must be filed with the Registrar of Companies when a company is incorporated. They are also available to the public for inspection.
Here is a brief explanation of each document:
- Memorandum of Association (MoA): The MoA is a document that sets out the basic information about a company, such as its name, registered office, and objects. It also contains the company’s constitution, which is a set of rules that govern the company’s affairs. The MoA must be filed with the Registrar of Companies when a company is incorporated.
- Articles of Association (AoA): The AoA is a document that sets out the rules and regulations that govern a company’s internal affairs. It includes information such as the appointment of directors, the issue of shares, and the distribution of profits. The AoA must also be filed with the Registrar of Companies when a company is incorporated.
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