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Memorandum of Association — SPCC STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceSPCCMemorandum of Association1 Mark
MCQ
Which matter is incorrect with reference to Memorandum of Association?
  • A
    Capital clause
  • B
    Object clause
  • ✓
    Dividend clause
  • D
    Liability clause
✓

Answer

Correct option: C.
Dividend clause

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