The document which sets out the internal arrangement for the proper management of a company is the
Prospectus
Article of association
Memorandum of association
Certificate of incorporation
Correct answer is B
Articles of association are 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 the handling of financial records. it outlines the internal regulations of the company.