A document in which the internal regulations of a company are stated is
COMMERCE
WAEC 2023
A document in which the internal regulations of a company are stated is
- A. Certificate of Incoporation
- B. Articles of Association
- C. Memorandum of Association
- D. Partnership Deed
Correct Answer: B. Articles of Association
Explanation
Articles of Association form a document that specifies the regulations for a company's operations and defines the company's purpose. The document lays out how tasks are to be accomplished within the organization, including the process for appointing directors and the handling of financial records.
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