Question

Aims and objectives of memora'ndum of association and articles of association

Answer 1

Amway is a document containing the charter of a company and fundamental objectives which the company seeks to achieve it is very important for a company to function in a contest of the memorandum because it will ensure that the capital invested is until to meet the objects specified in the charter of company

Answer 2

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Articles of Association (AOA) describes the rules and regulations for the internal management of the company

It usually contains regulation relating to Share capital and Variation rights, Lien, Calls on Shares, Transfer and Transmission of shares etc.