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

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.

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