Which of the following documents contains rules and regulations for internal management of the business?
A
Memorandum of association
B
Articles of association
C
Prospectus
D
Statutory Declaration
Correct Answer: Articles of association
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.