The Memorandum of Association of a company must be signed by:

The Memorandum of Association is a key document in the formation of a company, particularly in jurisdictions that follow the model of company law based on the UK system. It serves as the charter of the company and outlines fundamental details such as the company's name, the location of its registered office, the objectives of the company, and the amount of share capital.

The correct answer indicates that only the subscribers—the individuals who wish to form the company—are required to sign the Memorandum of Association. This requirement reflects the foundational role of the subscribers in establishing the company; they show their intent to form the company by signing this document. Their signatures indicate agreement to the terms set out, such as the company's objectives and share capital structure.

In relation to the incorrect choices, while directors, a company secretary, or other entities may play essential roles in the operation and management of a company, they do not need to sign the Memorandum of Association. This is because the memorandum is primarily concerned with the initial formation of the company, which is the responsibility of the subscribers.

In summary, the necessity for only the subscribers to sign the Memorandum of Association highlights their initial commitment and role in establishing the company, underscoring their importance at the very start of the company