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WAEC Commerce 2017 Objective — Question 6

Question 6 of 50 from the West African Examinations Council (WAEC) Commerce 2017 Objective paper, with the correct answer and a full explanation.

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6. A memorandum of Association is a document

  • A. A. defining a company's relationship with the publicCorrect
  • B. B. inviting the public to buy a company's share
  • C. C. governing the affairs of the partnership
  • D. D. regulating a company's internal affairs

Explanation

The memorandum of association defines the company relationship with outside.

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