Q234
Which of the following documents contains rules and regulations for internal management of the business?
A.
Memorandum of association
B.
Articles of association
AnswerC.
Prospectus
D.
Statutory Declaration
Answer: Option B
Solution
Answer: Option B
Solution:
Articles of association contains rules and regulations for internal management of the business. Articles of Association is a document which prescribes the rules and bye-laws for the general management of the company and for the attainment of its object as given in the memorandum.