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All but one of the following is not a clause to be found in the memorandum of associationQuestion 10Answera.the restriction clauseb.the status of the companyc.the name claused.the subscription clause

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All but one of the following is not a clause to be found in the memorandum of associationQuestion 10Answera.the restriction clauseb.the status of the companyc.the name claused.the subscription clause

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Solution

The question seems to be asking which of the following is not typically found in the memorandum of association of a company. The options given are:

a. The restriction clause b. The status of the company c. The name clause d. The subscription clause

Let's go through each of these options:

a. The restriction clause: This is typically found in the memorandum of association. It outlines the limitations of the powers of the company, established by the shareholders.

b. The status of the company: This is also typically found in the memorandum of association. It refers to whether the company is public or private.

c. The name clause: This is also typically found in the memorandum of association. It states the name of the company.

d. The subscription clause: This is not typically found in the memorandum of association. It is usually found in the articles of association and it details the subscribers' intention to form a company and become members of that company.

So, the answer to the question "All but one of the following is not a clause to be found in the memorandum of association" is d. The subscription clause.

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