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easyMCQCUET UG 2024 Accountancy Question Paper (17-May-2024) (Shift 3)2026Accountancy
1 mark

A company can accept calls in advance, if authorised by:

  1. A
    Shareholders
  2. B
    Board of Directors
  3. C
    Articles of Association
  4. D
    Memorandum of Association

Solution & Step-by-step Explanation

A company can accept calls in advance from its shareholders only if it is explicitly permitted and authorised by its internal guidelines manual, known as the Articles of Association (AOA) of the company.

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A company can accept calls in advance, if authorised by:
A
Shareholders
B
Board of Directors
C
Articles of Association
D
Memorandum of Association

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