The document that determines the limits and powers of the company is known as?

A. Article of association
B. Memorandum of association
C. Prospectus
D. None of these

Brief facts about this MCQs:

Memorandum of association is the most important document of the company. The memorandum of association of a company is an important corporate document in certain jurisdictions. It is often simply referred to as the memorandum. In the UK, it has to be filed with the Registrar of Companies during the process of incorporating a company. It contains all the necessary information about the directors of the company, its main functions and capital of the company.
Also Read: kinds of cash book

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