Home »
MCQs »
Commerce MCQs »
Business Studies MCQs
What contains the rules regarding the activities of a company?
18. What contains the rules regarding the activities of a company?
- Memorandum of Association
- Article of Association
- Partnership Deed
- None of the above
Answer: A) Memorandum of Association
Explanation:
A Memorandum of association of a firm contains rules regarding the constitution and activities of the company. A Memorandum of Association (MOA) is a legal document that specifies the scope of business activities of the company and information about the shareholding of the company.