Memorandum of Association is/are

The correct answer is Charter of the Company.

Key PointsCompany - The term is derived from the Latin word (“com” meaning “with” or “together”; “panis” that is “bread”) Section 2(20) of Companies Act 2013 states that a company means any association of person registered under the present or the previous companies act.

Important PointsMemorandum of Association - 

• A legal document known as the Memorandum of Association outlines the reason the firm was founded.
• It outlines the company's authority and the circumstances under which it must function.
• It is a document that outlines all the guidelines that direct how a business interacts with the outside world.

• It is a foundation on which the company is made.

• The entire structure of the company is detailed in the Memorandum of Association. 

• It is the company charter, a crucial document that outlines the fundamental terms on which the business was founded.