Question

    Any change in the name of the person indicated in the

    Memorandum of One Person Company as a nominee ________________________
    A May be deemed to be an alteration of the memorandum Correct Answer Incorrect Answer
    B Shall be deemed to be an alteration of the memorandum Correct Answer Incorrect Answer
    C Shall not be deemed to be an alteration of the memorandum Correct Answer Incorrect Answer
    D May not be deemed to be an alteration of the memorandum Correct Answer Incorrect Answer
    E Is deemed to be an alteration of the memorandum Correct Answer Incorrect Answer

    Solution

    Section 3. Formation of company: (1) Provided also that any such change in the name of the person shall not be deemed to be an alteration of the memorandum.

    Practice Next
    More Administrative Interpretation and Maxims Questions
    ask-question