The correct option is A. Rights and obligations of directors. Detailed Explanation: The Articles of Association (AoA) is a crucial document for a limited liability company. It outlines the internal rules and regulations that govern the management of the company. Here’s a breakdown of why option A is correct and why the other options are not as suitable. Why Option A is Correct:

1. Rights and Obligations of Directors: The Articles of Association typically include detailed provisions regarding the powers, rights, and responsibilities of the directors. This can cover aspects such as:
2. How directors are appointed and removed.
3. Their authority to make decisions on behalf of the company.
4. The procedures for board meetings and decision-making processes.
5. The duties of care and loyalty that directors owe to the company and its shareholders.

These provisions are essential for ensuring that the company is managed effectively and that directors are held accountable for their actions. Why the Other Options are Incorrect or Weaker: B. Objectives of the company: - While the objectives of the company may be mentioned in the Articles of Association, they are more commonly found in the Memorandum of Association. The Memorandum outlines the scope of the company's activities and its purpose. Therefore, while this information can be included in the AoA, it is not a primary focus of this document. C. Amount of share capital: - The amount of share capital is typically specified in the Memorandum of Association as well. This document outlines the total amount of capital that the company is authorized to raise through the issuance of shares. The Articles of Association may reference share capital but do not usually detail the amount itself. D. Limitation of liability of shareholders: - The limitation of liability of shareholders is a fundamental characteristic of a limited liability company, but it is generally established by law rather than being detailed in the Articles of Association. The Articles may state that the liability of shareholders is limited to the amount unpaid on their shares, but this is a legal principle rather than a specific provision of the AoA. Summary of Key Points:

• The Articles of Association govern the internal management of a company, including the rights and obligations of directors.
• Objectives of the company and the amount of share capital are typically found in the Memorandum of Association.
• Limitation of liability is a legal principle applicable to limited liability companies, not specifically detailed in the AoA.
• Understanding the distinction between the Articles of Association and the Memorandum of Association is crucial for comprehending company law.

Revision Summary:

• The Articles of Association detail the rights and obligations of directors.
• Objectives and share capital details are usually found in the Memorandum of Association.
• Limitation of liability is a legal characteristic of limited liability companies.
• Familiarity with these documents is essential for understanding corporate governance.