Question
Entrepreneurship Question on Initiatives by Government
A company is created by law and exists as a person having a distinct personality of its own. The scope of this artificial person is determined by certain parameters. Any work done beyond these documents can lead to winding up of the process of the company. Identify the document that does not determine the scope of the company?
A
The Indian Company Act
B
Partnership Deed
C
Memorandum of Association
D
Articles of Association
Answer
Partnership Deed
Explanation
Solution
The correct option is(B): Partnership Deed