clause, which limited its capacity to act. When the first limited companies were incorporated, the objects clause had to be widely drafted so as not to restrict the board of directors in their day to day trading. In the Companies Act 1989, the term "General Commercial Company" was introduced which meant that companies could undertake "any lawful or legal trade or business". See also Articles of association Constitutional documents Memorandum of conversation Memorandum of understanding Table A References Corporate law Legal documents Business documents Association United Kingdom business law he:תזכיר התאגדות