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Question:

Define 'Memorandum of Association' and its significance.

Answer:

The Memorandum of Association is a foundational legal document that defines the key parameters under which a company operates. It outlines the company’s name, registered office, objectives, scope of activities, and the extent of liability of its members. This document is critical as it governs the relationship between the company and the external environment, serving as a public record accessible to stakeholders. It establishes the operational boundaries of the company and ensures transparency and legal compliance.


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  • 4 months ago

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  • Answered by Ekta Mehta
  • 4 months ago

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  • Answered by Ekta Mehta
  • 4 months ago

Taking Screenshots on your Samsung Galaxy M31s is very easy and quick.

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