Internal rules and regulations of a company are the articles of association.
A
True
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B
False
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Solution
The correct option is A True 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 .It is a document of paramount significance in the life of a company as it contains the regulations for the internal administration of the company’s affairs.