apply the following rules to this scenario to make "application" in irac: scenario: Mai graduated from Charles Sturt University 6 years ago and for the last 5 years has been working for digital technology companies in Australia and overseas. She has recently returned to Australia and wants to build an app that helps drivers of electric vehicles (EVs) to find and book charging stations. Mai believes the app has great potential as there is nothing that currently offers real time availability for EV charging.

Mai has been saving hard and has over $50,000 to contribute to establish the business. In addition to using this money to build the app, she wants to lease an office space and hire a small team to work with her. She also wants to invite a good friend Eve, also from CSU, to join her in the business. Eve has 6 years experience working for e-commerce start-ups building technology infrastructure and apps, and is willing to contribute $20,000 towards start-up costs. Mai seeks your advice whether she should adopt a company constitution and if so, if there are any special provisions she should include. Rules: The overarching rule stipulates that a company's internal management is regulated by replaceable rules as per s135(1)[1] unless these rules are wholly or partially displaced or amended by a company Constitution per s 135(2).[2] Both the constitution and replaceable rules can govern a company's internal management concurrently per s 134.[3] If the terms of the constitution is agreed by the Mai and Eve in writing, it may be lodged on registration per s136(1)(a)[4] or if the company is required after registration per s 136(1)(b).[5] Replacement rules do not apply to one-person proprietary companies per s 135(1)