Multiple choice

Which of the following documents, in case of a company, is called the charter of a company?

  1. Memorandum of Association

  2. Articles of Association

  3. Certificate of Incorporation

  4. Certificate of Commencement of Business

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A Correct answer
Explanation

An important step in the formation of a company is to prepare a document called 'Memorandum of Association'. It is the charter of a company and is a very important document as it contains the basic conditions on which the company is incorporated.