State whether the following statements are True or False:

i. Memorandum need not have a Liability Clause.

ii. Articles of Association are subordinate to Memorandum.

iii. A memorandum contains rules and regulations for the internal management of a company.

iv. Every subscriber who signs the Memorandum must also sign the Articles.

v. Entrenched Articles cannot be easily altered.

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1 Answers

i. False

ii. True

iii. False

iv. True

v. True

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