Business Studies

State the following statement is True or False:
Internal rules and regulations of a company are the articles of association.


ANSWER

True


SOLUTION
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.
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TRUE/FALSE Medium Published on 18th 08, 2020
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