WAEC Commerce 2016 Objective — Question 27
Question 27 of 50 from the West African Examinations Council (WAEC) Commerce 2016 Objective paper, with the correct answer and a full explanation.
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27. A document that contains the relationship between the company and outsiders is A. certificate of incorporation B. Memorandum of Association C. Article of Association D. Certificate of Trading
- A. certificate of incorporation
- B. Memorandum of AssociationCorrect
- C. Article of Association
- D. Certificate of Trading
Explanation
Memorandum of Association is the document that specifies the relationship of an organisation with outsiders while article of Association specify the relationship of the organisation internally.
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