I would do that just as Stefan showed.
In VFP, you also have a chance to use non-SQL statements which make it easier to express yourself. From your code it feels like KeyMemo is a unique field:
* Get the Memo value into an array
* where KeyMemo = '10045223'
* or use that as a variable also
local lcKey
lcKey = '10045223'
Select Memo From expertcorr_memoinv ;
WHERE Keymemo=m.lcKey ;
into array laMemo
* Update with that value
Update expertcorr_memoinv ;
Set Memo = laMemo[1] ;
WHERE Keydoc Like "UBOA"
This is only for divide & conquer strategy that one may find easier to follow. Other than that writing it with a single SQL is just fine.
PS: In VFP you don't use backticks at all.
Single quotes, double quotes and opening closing square brackets are not used as identifiers but all those three are used for string literals.
'This is a string literal'
"This is a string literal"
[This is a string literal]
"My name is John O'hara"
'We need 3.5" disk'
[Put 3.5" disk into John's computer]
There are subtle differences between them, which I think is an advanced topic and that you may never need to know.
Also [] is used for array indexer.
Any one of them could also be used for things like table name, alias name, file name ... (name expression) - still they are string literals, parentheses make it a name expression. ie:
select * from ('MyTable') ...
copy to ("c:\my folder\my file.txt") type delimited