Memorandum of Association and Articles of Association MCQ Quiz - Objective Question with Answer for Memorandum of Association and Articles of Association - Download Free PDF
Last updated on Apr 17, 2025
Latest Memorandum of Association and Articles of Association MCQ Objective Questions
Memorandum of Association and Articles of Association Question 1:
Memorandum of Association is/are
Answer (Detailed Solution Below)
Memorandum of Association and Articles of Association Question 1 Detailed Solution
The correct answer is Charter of the Company.
Key PointsCompany - The term is derived from the Latin word (“com” meaning “with” or “together”; “panis” that is “bread”) Section 2(20) of Companies Act 2013 states that a company means any association of person registered under the present or the previous companies act.
Important PointsMemorandum of Association -
- A legal document known as the Memorandum of Association outlines the reason the firm was founded.
- It outlines the company's authority and the circumstances under which it must function.
- It is a document that outlines all the guidelines that direct how a business interacts with the outside world.
-
It is a foundation on which the company is made.
-
The entire structure of the company is detailed in the Memorandum of Association.
-
It is the company charter, a crucial document that outlines the fundamental terms on which the business was founded.
Top Memorandum of Association and Articles of Association MCQ Objective Questions
Memorandum of Association is/are
Answer (Detailed Solution Below)
Memorandum of Association and Articles of Association Question 2 Detailed Solution
Download Solution PDFThe correct answer is Charter of the Company.
Key PointsCompany - The term is derived from the Latin word (“com” meaning “with” or “together”; “panis” that is “bread”) Section 2(20) of Companies Act 2013 states that a company means any association of person registered under the present or the previous companies act.
Important PointsMemorandum of Association -
- A legal document known as the Memorandum of Association outlines the reason the firm was founded.
- It outlines the company's authority and the circumstances under which it must function.
- It is a document that outlines all the guidelines that direct how a business interacts with the outside world.
-
It is a foundation on which the company is made.
-
The entire structure of the company is detailed in the Memorandum of Association.
-
It is the company charter, a crucial document that outlines the fundamental terms on which the business was founded.
Memorandum of Association and Articles of Association Question 3:
Memorandum of Association is/are
Answer (Detailed Solution Below)
Memorandum of Association and Articles of Association Question 3 Detailed Solution
The correct answer is Charter of the Company.
Key PointsCompany - The term is derived from the Latin word (“com” meaning “with” or “together”; “panis” that is “bread”) Section 2(20) of Companies Act 2013 states that a company means any association of person registered under the present or the previous companies act.
Important PointsMemorandum of Association -
- A legal document known as the Memorandum of Association outlines the reason the firm was founded.
- It outlines the company's authority and the circumstances under which it must function.
- It is a document that outlines all the guidelines that direct how a business interacts with the outside world.
-
It is a foundation on which the company is made.
-
The entire structure of the company is detailed in the Memorandum of Association.
-
It is the company charter, a crucial document that outlines the fundamental terms on which the business was founded.