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In this lesson, the focus is on the articles of association, a key component of the company formation process known as incorporation. The discussion covers what constitutes the articles of association, their purpose, and the broader company constitution. The lesson highlights how articles of association differ from ordinary contractual obligations and agreements. It emphasizes that, in order to register a company, a constitution is required, with the articles of association serving as the principal aspect of this constitution. The text suggests that not every detail of the company’s operations is covered by the articles, pointing to a distinction between these documents and typical contracts.