The various rights attached to different classes of shares are stated in the
Answer Details
The various rights attached to different classes of shares are stated in the articles of association. The articles of association are a document that outlines the internal regulations of a company, including the rights and responsibilities of its shareholders, directors, and officers. It is a legally binding document that governs the way a company is run and outlines the rules for conducting business activities. The articles of association specify the types of shares a company can issue and the rights and privileges that are attached to each class of shares, such as voting rights, dividend entitlements, and priority rights in the event of liquidation.