The document that in great detail governs the internal management structure of the corporation is called the:
A)Articles of Incorporation.
B)Executive compensation agreement.
C)Meeting minutes.
D)Bylaws.

Question

Quizplus · Accepted Answer

Bylaws are the internal rules or regulations of a corporation that govern its day-to-day operations and structure. They typically outline the roles and responsibilities of the board of directors, officers, and shareholders, as well as the procedures for conducting meetings and making decisions. The articles of incorporation establish the corporation as a legal entity, but they do not provide as much detail about the internal management structure. The executive compensation agreement and meeting minutes are specific documents that relate to executive compensation packages and the minutes of meetings, respectively, but they do not provide comprehensive governance structure details.

The Document That in Great Detail Governs the Internal Management