The contract entered between the company at its embryonic stage and other parties is otherwise known asQuestion 7Answera.Articles of Associationb.pre-incorporation undertakingc.pre-incorporation contractd.memorandum of understanding

Pre-incorporation contract between the promoter and the company becomes binding by ratification by ___________Question 6Answera.General meetingb.Independent Board of Director of which the promoter participatedc.Managing Directord.Independent Board of Director, of which the promoter was recused.

Which of the following documents is not required for the incorporation of a company?a) Memorandum of Associationb) Articles of Associationc) Partnership deedd) Prospectus

A contract may be formed by any of the following means except:Question 17Answera.Oralb.Intelligencec.Writtend.Expressed

The agreement among LLC members governing the LLC's management, rights, and duties is called the:Question 1Select one:a.articles of incorporation.b.charter.c.partnership agreement.d.operating agreement.

In a partnership firm, the relationship between partners is based on:a) Ownership of sharesb) Articles of Associationc) Partnership deedd) Employment contract