Memorandum of Association

BL – May 2012 – L1 – SB – Q1A – Company Law

Advise on the items to include in the Memorandum of Association and documents of incorporation.

Question

(a) Ngozi and Kolade are promoters of a new company. You are required to advise them on the following:
(i) FIVE items they must include in the Memorandum of Association; (5 Marks)
(ii) FIVE documents of incorporation to be filed. (5 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Law, Company Formation, Memorandum of Association
Level: Level 1

Topic: Company Law
Series: MAY 2012

BL – Nov 2011 – L1 – SA – Q6 – Company Law

Understanding when a subscriber of the Memorandum of Association becomes a shareholder.

Question

When does a subscriber of a Memorandum of Association become a shareholder of the company?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Memorandum of Association, Shareholder
Level: Level 1

Topic: Company Law
Series: NOV 2011

BL – Nov 2011 – L1 – SA – Q5 – Company Law

Identifying the clause in a memorandum that states the liability of members in a company.

Question

Which clause in the memorandum states that the liability of its members is limited by shares or guarantee or unlimited as the case may be?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Formation, Liability of Members, Limited by Shares, Memorandum of Association
Level: Level 1

Topic: Company Law
Series: NOV 2011

FA – Nov 2011 – L1 – SA – Q1 – Regulatory Environment of Accounting

This question tests knowledge on what legally brings a company into existence.

Question

Which of the following brings a company into legal existence?
A. Memorandum of Association
B. Articles of Association
C. Companies and Allied Matters Act Cap C20 LFN 2004
D. Certificate of Incorporation
E. Corporate Affairs Commission

Answer

Find Related Questions by Tags, levels, etc.

Tags: Certificate of Incorporation, Company Law, Memorandum of Association
Level: Level 1

Topic: Regulatory Environment of Accounting
Series: NOV 2011

BL – Nov 2012 – L1 – SA – Q14 – Company Law

Identify what must not be in the Memorandum of Association.

Question

The Memorandum of Association of a company limited by shares must contain all the following EXCEPT:
A. The marital status of the subscribers
B. The name of the company with “Limited” as the last word
C. That the registered office of the company will be situated in Nigeria
D. The objects of the company
E. That the liability of the members is limited

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Corporate Structure, Memorandum of Association
Level: Level 1

Topic: Company Law
Series: NOV 2012

BL – May 2013 – L1 – SB – Q4A – Company Law

List and explain five incorporation documents required for registering a company.

Question

Hassan, a young businessman engaged in the manufacturing of “Healthy Energy Drink”, has recently contacted you for the incorporation of a company to be known as Healthy Energy Limited.

You are required to:

State FIVE incorporation documents required to be submitted by the company, indicating the purpose of each document.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Articles of Association, Incorporation, Memorandum of Association, Share Capital
Level: Level 1

Topic: Company Law
Series: MAY 2013

BMF – May 2015 – L1 – SB – Q1a – Business and Organizational Structures and Choices

Features of the Memorandum of Association, Articles of Association, and Public Sector Entities.

Question

State FIVE features of each of the following:
i. Memorandum of Association (5 Marks)
ii. Articles of Association (5 Marks)
iii. Public Sector Entity (5 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Articles of Association, Memorandum of Association, Public Sector Entity
Level: Level 1

Topic: Business and Organisational Structure
Series: MAY 2015

BMF – MAY 2015 – L1 – SA – Q10 – Business and Organizational Structures and Choices

Requirements for incorporating a limited liability company, excluding non-essential documents.

Question

The following are required to incorporate a limited liability company EXCEPT:

A. Memorandum of Association
B. Articles of Association
C. Statement of authorised share capital
D. Location of the registered office
E. Source of finance

Answer

Find Related Questions by Tags, levels, etc.

Tags: Articles of Association, Company Formation, Incorporation, Memorandum of Association, Share Capital
Level: Level 1

Topic: Business and Organizational Structures and Choices
Series: MAY 2015

FA – May 2018 – L1 – SA – Q12 – Elements of Financial Statements

Determines the number of shares based on authorized share capital in a company’s memorandum of association.

Question

Alaro Company Limited has authorized share capital of N1,000,000 ordinary shares of 50 kobo each. The company issued enough shares at par to raise N900,000. What is the number of shares stated in the Company’s memorandum of association?
A. 900,000 shares
B. 1,000,000 shares
C. 1,600,000 shares
D. 1,800,000 shares
E. 2,000,000 shares

Answer

Find Related Questions by Tags, levels, etc.

Tags: Memorandum of Association, Share Capital
Level: Level 1

Topic: Elements of Financial Statements
Series: MAY 2018

FA – Nov 2014 – L1 – SA – Q14 – Regulatory Environment of Accounting

Identifying the content of a memorandum of association in a limited liability company.

Question

Which of the following is ONE of the contents of the memorandum of association of a limited liability company?

A. The transfer and transmission of shares
B. The voting rights of members
C. The borrowing powers of the company
D. The object clause of the company
E. The appointment and powers of Managing Director

Answer

Find Related Questions by Tags, levels, etc.

Tags: Corporate Law, Memorandum of Association, Regulatory Compliance
Level: Level 1

Topic: Regulatory Environment of Accounting
Series: NOV 2014

BL – May 2012 – L1 – SB – Q1A – Company Law

Advise on the items to include in the Memorandum of Association and documents of incorporation.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Law, Company Formation, Memorandum of Association
Level: Level 1

Topic: Company Law
Series: MAY 2012

BL – Nov 2011 – L1 – SA – Q6 – Company Law

Understanding when a subscriber of the Memorandum of Association becomes a shareholder.

Question

When does a subscriber of a Memorandum of Association become a shareholder of the company?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Memorandum of Association, Shareholder
Level: Level 1

Topic: Company Law
Series: NOV 2011

BL – Nov 2011 – L1 – SA – Q5 – Company Law

Identifying the clause in a memorandum that states the liability of members in a company.

Question

Which clause in the memorandum states that the liability of its members is limited by shares or guarantee or unlimited as the case may be?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Formation, Liability of Members, Limited by Shares, Memorandum of Association
Level: Level 1

Topic: Company Law
Series: NOV 2011

FA – Nov 2011 – L1 – SA – Q1 – Regulatory Environment of Accounting

This question tests knowledge on what legally brings a company into existence.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Certificate of Incorporation, Company Law, Memorandum of Association
Level: Level 1

Topic: Regulatory Environment of Accounting
Series: NOV 2011

BL – Nov 2012 – L1 – SA – Q14 – Company Law

Identify what must not be in the Memorandum of Association.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Corporate Structure, Memorandum of Association
Level: Level 1

Topic: Company Law
Series: NOV 2012

BL – May 2013 – L1 – SB – Q4A – Company Law

List and explain five incorporation documents required for registering a company.

Question

Hassan, a young businessman engaged in the manufacturing of “Healthy Energy Drink”, has recently contacted you for the incorporation of a company to be known as Healthy Energy Limited.

You are required to:

State FIVE incorporation documents required to be submitted by the company, indicating the purpose of each document.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Articles of Association, Incorporation, Memorandum of Association, Share Capital
Level: Level 1

Topic: Company Law
Series: MAY 2013

BMF – May 2015 – L1 – SB – Q1a – Business and Organizational Structures and Choices

Features of the Memorandum of Association, Articles of Association, and Public Sector Entities.

Question

State FIVE features of each of the following:
i. Memorandum of Association (5 Marks)
ii. Articles of Association (5 Marks)
iii. Public Sector Entity (5 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Articles of Association, Memorandum of Association, Public Sector Entity
Level: Level 1

Topic: Business and Organisational Structure
Series: MAY 2015

BMF – MAY 2015 – L1 – SA – Q10 – Business and Organizational Structures and Choices

Requirements for incorporating a limited liability company, excluding non-essential documents.

Question

The following are required to incorporate a limited liability company EXCEPT:

A. Memorandum of Association
B. Articles of Association
C. Statement of authorised share capital
D. Location of the registered office
E. Source of finance

Answer

Find Related Questions by Tags, levels, etc.

Tags: Articles of Association, Company Formation, Incorporation, Memorandum of Association, Share Capital
Level: Level 1

Topic: Business and Organizational Structures and Choices
Series: MAY 2015

FA – May 2018 – L1 – SA – Q12 – Elements of Financial Statements

Determines the number of shares based on authorized share capital in a company’s memorandum of association.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Memorandum of Association, Share Capital
Level: Level 1

Topic: Elements of Financial Statements
Series: MAY 2018

FA – Nov 2014 – L1 – SA – Q14 – Regulatory Environment of Accounting

Identifying the content of a memorandum of association in a limited liability company.

Question

Which of the following is ONE of the contents of the memorandum of association of a limited liability company?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Corporate Law, Memorandum of Association, Regulatory Compliance
Level: Level 1

Topic: Regulatory Environment of Accounting
Series: NOV 2014

Question Tag: Memorandum of Association

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

BL – May 2012 – L1 – SB – Q1A – Company Law

Advise on the items to include in the Memorandum of Association and documents of incorporation.

You're reporting an error for "BL – May 2012 – L1 – SB – Q1A – Company Law"

BL – Nov 2011 – L1 – SA – Q6 – Company Law

Understanding when a subscriber of the Memorandum of Association becomes a shareholder.

You're reporting an error for "BL – Nov 2011 – L1 – SA – Q6 – Company Law"

BL – Nov 2011 – L1 – SA – Q5 – Company Law

Identifying the clause in a memorandum that states the liability of members in a company.

You're reporting an error for "BL – Nov 2011 – L1 – SA – Q5 – Company Law"

FA – Nov 2011 – L1 – SA – Q1 – Regulatory Environment of Accounting

This question tests knowledge on what legally brings a company into existence.

You're reporting an error for "FA – Nov 2011 – L1 – SA – Q1 – Regulatory Environment of Accounting"

BL – Nov 2012 – L1 – SA – Q14 – Company Law

Identify what must not be in the Memorandum of Association.

You're reporting an error for "BL – Nov 2012 – L1 – SA – Q14 – Company Law"

BL – May 2013 – L1 – SB – Q4A – Company Law

List and explain five incorporation documents required for registering a company.

You're reporting an error for "BL – May 2013 – L1 – SB – Q4A – Company Law"

BMF – May 2015 – L1 – SB – Q1a – Business and Organizational Structures and Choices

Features of the Memorandum of Association, Articles of Association, and Public Sector Entities.

You're reporting an error for "BMF – May 2015 – L1 – SB – Q1a – Business and Organizational Structures and Choices"

BMF – MAY 2015 – L1 – SA – Q10 – Business and Organizational Structures and Choices

Requirements for incorporating a limited liability company, excluding non-essential documents.

You're reporting an error for "BMF – MAY 2015 – L1 – SA – Q10 – Business and Organizational Structures and Choices"

FA – May 2018 – L1 – SA – Q12 – Elements of Financial Statements

Determines the number of shares based on authorized share capital in a company’s memorandum of association.

You're reporting an error for "FA – May 2018 – L1 – SA – Q12 – Elements of Financial Statements"

FA – Nov 2014 – L1 – SA – Q14 – Regulatory Environment of Accounting

Identifying the content of a memorandum of association in a limited liability company.

You're reporting an error for "FA – Nov 2014 – L1 – SA – Q14 – Regulatory Environment of Accounting"

BL – May 2012 – L1 – SB – Q1A – Company Law

Advise on the items to include in the Memorandum of Association and documents of incorporation.

You're reporting an error for "BL – May 2012 – L1 – SB – Q1A – Company Law"

BL – Nov 2011 – L1 – SA – Q6 – Company Law

Understanding when a subscriber of the Memorandum of Association becomes a shareholder.

You're reporting an error for "BL – Nov 2011 – L1 – SA – Q6 – Company Law"

BL – Nov 2011 – L1 – SA – Q5 – Company Law

Identifying the clause in a memorandum that states the liability of members in a company.

You're reporting an error for "BL – Nov 2011 – L1 – SA – Q5 – Company Law"

FA – Nov 2011 – L1 – SA – Q1 – Regulatory Environment of Accounting

This question tests knowledge on what legally brings a company into existence.

You're reporting an error for "FA – Nov 2011 – L1 – SA – Q1 – Regulatory Environment of Accounting"

BL – Nov 2012 – L1 – SA – Q14 – Company Law

Identify what must not be in the Memorandum of Association.

You're reporting an error for "BL – Nov 2012 – L1 – SA – Q14 – Company Law"

BL – May 2013 – L1 – SB – Q4A – Company Law

List and explain five incorporation documents required for registering a company.

You're reporting an error for "BL – May 2013 – L1 – SB – Q4A – Company Law"

BMF – May 2015 – L1 – SB – Q1a – Business and Organizational Structures and Choices

Features of the Memorandum of Association, Articles of Association, and Public Sector Entities.

You're reporting an error for "BMF – May 2015 – L1 – SB – Q1a – Business and Organizational Structures and Choices"

BMF – MAY 2015 – L1 – SA – Q10 – Business and Organizational Structures and Choices

Requirements for incorporating a limited liability company, excluding non-essential documents.

You're reporting an error for "BMF – MAY 2015 – L1 – SA – Q10 – Business and Organizational Structures and Choices"

FA – May 2018 – L1 – SA – Q12 – Elements of Financial Statements

Determines the number of shares based on authorized share capital in a company’s memorandum of association.

You're reporting an error for "FA – May 2018 – L1 – SA – Q12 – Elements of Financial Statements"

FA – Nov 2014 – L1 – SA – Q14 – Regulatory Environment of Accounting

Identifying the content of a memorandum of association in a limited liability company.

You're reporting an error for "FA – Nov 2014 – L1 – SA – Q14 – Regulatory Environment of Accounting"

Our offerings

Contact Info

Customer

Get In Touch

admin