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Which of the following must be stated in the article of association?

Commerce
WAEC 2010

Which of the following must be stated in the article of association?

  • A. the objects of the company
  • B. the registered office address of the company
  • C. the method of issue and transfer of shares
  • D. Statement that liabilities are limited
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Correct Answer: Option A
Explanation

The object clause contained in the articles of association of a company sets out the objects for which the company has been formed.

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