Q248
The persons who sign Articles and Memorandum of the company and contribute in the initial share capital of the company are called
A.
Subscribers
AnswerB.
Shareholders
C.
Managers
D.
Directors
Answer: Option A
Solution
Answer: Option A
Solution:
The persons who sign Articles and Memorandum of the company and contribute in the initial share capital of the company are called Subscribers. They are called subscribers because, as part of the company formation.