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 KCSE business studies paper 1 revision questions and answers Set 2

Outline four requirements for one start a limited liability company as one of the forms of business units

 (1m 2s)
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Answer Text:
-Memorandum of association
-Articles of association
-List of directors
-Declaration of compliance(signed by at least one director)
-Statement of share capital showing the total amount of capital that the company wishes to raise and its division into shares.


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