The rules by which corporations govern themselves are called
A)indenture provisions.
B)indemnity provisions.
C)bylaws.
D)charter agreements.
E)articles of incorporation.

Question

Quizplus · Accepted Answer

Bylaws are the rules and regulations that a corporation establishes to manage its daily operations and govern itself. They outline how decisions are made, the roles and responsibilities of the board of directors and officers, and other important policies and procedures. Indenture provisions, indemnity provisions, charter agreements, and articles of incorporation are also important legal documents for corporations, but they do not specifically address the rules for self-governance.

The Rules by Which Corporations Govern Themselves Are Called