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Which document defines the objectives of a company?
AMemorandum of Allotment
BMemorandum of Appraisal
CMemorandum of Association
DMemorandum of Attendance
Answer & Solution
Correct answer: C. Memorandum of Association
1. No company may act beyond what it states.
2. It is the most important document.
3. That is the Memorandum of Association.
_Source: NCERT Class 11 Business Studies, Chapter 7, Formation of a Company._
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