The correct answer is D. All the above.
The Memorandum of Association (MoA) and the Articles of Association (AoA) are the two main documents that govern a company. The MoA sets out the company’s name, objects, and registered office, as well as the number of shares that the company can issue. The AoA sets out the company’s internal rules and regulations, such as how the company is to be managed and how its profits are to be distributed.
The Prospectus is a document that is issued by a company when it is offering shares to the public. It contains information about the company, such as its business plan, its financial position, and its management team.
Together, the MoA, AoA, and
Prospectus are sometimes referred to as the “charter” of a company. This is because they set out the basic terms and conditions under which the company is to be run.Here is a brief explanation of each of the three documents:
- Memorandum of Association (MoA): The MoA is a legal document that sets out the basic information about a company, such as its name, objects, and registered office. It also states the number of shares that the company can issue and the rights of the shareholders.
- Articles of Association (AoA): The AoA is a legal document that sets out the rules and regulations that govern the internal affairs of a company. It covers matters such as how the company is to be managed, how its profits are to be distributed, and how its affairs are to be conducted.
- Prospectus: A prospectus is a document that is issued by a company when it is offering shares to the public. It contains information about the company, such as its business plan, its financial position, and its management team. The prospectus is designed to help potential investors make an informed decision about whether to invest in the company.