A document which contains the rules and regulations regarding internal management of a company is _____________.
A
Prospectus
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B
Articles of Association
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C
Memorandum of Association
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D
All of above
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Solution
The correct option is B Articles of Association Articles of
Association are the rules regarding
internal management of a company.
These rules are subsidiary to the
Memorandum of Association and
hence, should not contradict or
exceed anything stated in the
Memorandum of Association.