Question

Define articles of association in business studies

Answer 1

The articles of association is 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 handling of financial records.

 

Answer 2

In corporate governance, a company'sarticles of association (AoA, calledarticles of incorporation in some jurisdictions) is a document which, along with the memorandum of association (in cases where thememorandum exists) form the company's constitution, defines the responsibilities of the directors