explain. the clauses of moa
Answers
Answer:
Explanation:
A memorandum of association (MOA) contains a name clause, registered office or business location clause, objective or objects clause, liability clause, capital clause, as well as an association clause. MOAs are legal documentation that are prepared prior to the registration of limited liability companies (LLCs).
The purpose of an MOA is to explain a business’s relationship with all its stakeholders. It lays out the company constitution along with the articles of association, which is another type of legal corporate document.
A memorandum of association (MOA) contains a name clause, registered office or business location clause, objective or objects clause, liability clause, capital clause, as well as an association clause. MOAs are legal documentation that are prepared prior to the registration of limited liability companies (LLCs).