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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

Answer: Option B

Solution(By Examveda Team)

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.

This Question Belongs to Commerce >> Accounting

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