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Consider the following statements Assertion (A) Persons dealing with the company...

This question belongs to Commerce Legal Aspects Of Business
Legal Aspects of Business
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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:

Answer & Solution
Correct Answer: Option C
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