Which document records the constitution and external details of a limited company?

• A. Memorandum of Association
• B. Articles of Association
• C. Shareholders Agreement
• D. Business Plan

Answer: (A)

Memorandum of Association is the document that records the fundamental constitution of a limited company and its external details. It sets out the company’s name, registered office, and the scope of its activities (objects) as a legal entity, plus the liability of its members. This makes the company’s basic identity and its outward-facing limits clear to the outside world. The internal rules for running the company are found in the Articles of Association, while a Shareholders Agreement is a private contract between owners, and a Business Plan covers strategy and finance, not legal structure. So, the document that records the constitution and external details is the Memorandum of Association.