The term for the regulations governing a corporation's operation is known as?

The correct answer is Bylaws. Bylaws are the formal rules that govern the internal management of a corporation. They outline how the corporation will be run, which includes information about the roles and responsibilities of directors and officers, the procedures for meetings, voting rules, and other essential operational guidelines. Bylaws are crucial for ensuring order and compliance within a corporation, and they serve as a legal framework that guides decision-making and operational processes.

While other terms may refer to aspects of governance or management, they do not carry the same legal weight or specificity as bylaws. For instance, a Company Manual might contain various policies and practices, but it does not have the formal structure or legal status of bylaws. Corporate Structure typically refers to the organization of a company in terms of hierarchy and ownership rather than the rules governing its operations. Operating Procedures, while important for day-to-day functions, do not encompass the broader regulatory framework that bylaws provide.