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WAEC Commerce 2016 Question 27

Question 27

Business Units

A document that contains the relationship between the company and outsiders is

  1. A.Certificate of Incorporation.
  2. B.Memorandum of Association.
  3. C.Article of Association.
  4. D.Certificate of Trading.
Show the answer and explanation

Answer: B (Memorandum of Association.)

Explanation

The memorandum of association governs the company's external relations.