A. with the Internal working relationship of the company and its members
B. with the powers and relationships of the company with outsiders
C. The method of issue, transfer and future of the company’s shares
D. The rights and responsibilities of shareholders
Correct Answer: Option B
B. with the powers and relationships of the company with outsiders
Explanation
Memorandum of Association contains what is generally called the “external” rules of the company. They refer to the objectives of the company and hold it intends to interact with the public.
