Question

The _____ defines a companies relations with the outside world

Answer 1

Answer:

Article of association and also memorandum

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Answer 2

Answer: The memorandum of association defines a company's relations with the outside world. The memorandum of association of a company is defined as a document that usually governs the relationship of an entity with the outside world. It is one of the most relevant documents which is needed for the incorporation society of a company.

Explanation:

1. The memorandum of association of a company is a corporate document in some jurisdictions.

2. It is that major document that helps in regulating the entity's external affairs and complements all the articles of association which covers the organization's internal constitution. It contains some fundamental conditions under which the organization is allowed to operate with further work.

3. The memorandum of association no longer restricts or stops the activities of an organization or a company.