BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Memorandum of Association
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Memorandum of Articles
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Memorandum of Agriculture
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Meeting of Association
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Detailed explanation-1: -MOA full form – Memorandum of Association is a legal document that explains why the organization was founded. It establishes the company’s authority and the terms under which it works. It is a manual that includes all of a company’s laws and regulations for its interactions with the outside world.
Detailed explanation-2: -The Memorandum of Association or MOA of a company defines the constitution and the scope of powers of the company. In simple words, the MOA is the foundation on which the company is built. In this article, we will look at the laws and regulations that govern the MOA.
Detailed explanation-3: -A Memorandum of Association (aka MoA) refers to the organization’s charter. In general, it acts as a legally binding document drafted during the registration process of an organization to specify its association with shareholders, and it defines the objectives for which the organization has been formed.