What do you mean by the term constitition?what does it contain?
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A constitution is a special form of contract as it binds the company, shareholders who initially agreed to adopt a constitution and any future shareholders, unlike other forms of contract that only bind those who are parties to it.
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Term Constitution is the basic laws or rules of a country or organization. A constitution contains the fundamental principles that outline the purpose, structure, and limits of an organization. Essentially, the constitution provides a foundation upon which an organization operates.
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