The rules and regulations enacted by a corporation to govern the affairs of the corporation and its shareholders,directors and officers are called:

Question

Quizplus · Accepted Answer

Bylaws are the internal rules and regulations that dictate how a corporation is run and how its directors, officers, and shareholders interact with one another. Articles of incorporation establish the corporation as a legal entity and explain its purpose, while articles of organization are used for forming a limited liability company (LLC). Corporate management agreements are agreements between the corporation and its management team.

The Rules and Regulations Enacted by a Corporation to Govern