Question on: JAMB Commerce - 2019
The difference between Articles of association and memorandum of Association is that the latter deals
A
with the Internal working relationship of the company and its members
B
with the powers and relationships of the company with outsiders
C
The method of issue, transfer and future of the company's shares
D
The rights and responsibilities of shareholders
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Correct Option: B
The memorandum of association of a company is an important corporate document in certain jurisdictions. It is often simply referred to as the memorandum. In the UK, it has to be filed with the Registrar of Companies during the process of incorporating a company. Wikipedia
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