Question 11
Business UnitsWhich 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
Show the answer and explanation
Answer: C (The method of issue and transfer of shares)
Explanation
The articles contain internal rules such as how shares are issued and transferred; the others are in the memorandum.