Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Planning

Question:
The scope of a company is determined by which of the following?
Options:
 The Indian companies Act
Memorandum of Association
Articles of Association.
All of these.
Correct Answer:
All of these.
Explanation:
The scope of the artificial person (company ) is determined by:
a) The Indian Companies Act
b) Memorandum of Association
c) Articles of Association
Any work done beyond what is stated in these documents can lead to winding up of the process of the company.