Consider the following statements:
Assertion (A): Persons dealing with the company shall be within their rights to assume that the provisions of Articles have been complied with by the company in its internal working.
Reason (R): Every person who deals with a company is not supposed to have read and understood the Memorandum and Articles of the company.
Now select your answer:
A. Both A and R are true and R is the correct explanation of A
B. Both A and R are true but R is not the correct explanation of A
C. A is true but R is false
D. A is false but R is true
Answer: Option C
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