UI Post-UTME Commerce 2025 (Model questions) Question 13

The following are related to the Memorandum of Association of a company:
I. It defines the company's relationship with the outside world
II. It contains the objects clause which states the company's purpose
III. It regulates the internal management of the company
IV. It must state the authorised share capital for a limited company

1. A.I, II and IV only
2. B.I and III only
3. C.II and III only
4. D.All of the above