Explain the contents of Memorandum of Association.
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A memorandum of association contains a name clause, registered office clause, object, objects clause, liability clause, capital clause, and association clause.
1. Name Clause
2. Registered Office Clause
3. Objects or Objective Clause
4. Object Clause
5. Liability Clause
6. Capital Clause
7. Association Clause
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Answer:
A memorandum of association contains a name clause, registered office clause, object (or objective clause), objects clause, liability clause, capital clause, and association clause. An MOA is a type of legal paper that is prepared when forming and registering a limited liability company (LLC).
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