Question

explain association clauses​

Answer 1

Answer:

The association clause provides confirmation that all individuals that have signed at the bottom of the memorandum of association intend to be a part of the company. The MOA needs to have at least seven signatories. For a private company, the minimum number of signatories is two.

Answer 2

Answer:

explain association clauses

= The association clause confirms that shareholders bound by the MOA are willingly associating and forming a company. You require seven members to sign an MOA for a public company and not less than two people for a MOA of a private company.

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