Business Studies, asked by krishnannanda62, 8 months ago

12) The clause which defines the purpose for which the company is formed is called as

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Answered by Anonymous

13

Explanation:

The Object Clause is the most important clause of Memorandum of Association. It states the purpose for which the company is formed. The object clause contains both, the main objects and matters which are necessary for achieving the stated objects also known as incidental or ancillary objects.

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Answered by himanshipararia

1

Answer: the close which defines the purpose for which the company is formed is called the OBJECT CLAUSE

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