Question on: JAMB Accounting - 2022
One of the items listed below will not be found in a company’s memorandum and article of association. Which is it?
A
objects and their alteration
B
location of business
C
bank signatories
D
powers of directors
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Correct Option: C
The memorandum and articles of association are foundational documents for a company. They outline the company's purpose, internal regulations, and structure. Bank signatories, however, are not typically included in these documents. Bank signatories are related to the internal financial operations of the company and are usually decided by the directors and recorded separately.
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