Which is not a feature of LLP?
A. Separate legal entity
B. All LLP have existence for fixed period.
C. Partners in an LLP are required to turn into an agreement
D. In an LLP, partners are not liable for the act of other partners.
Answer:B
Which is not a feature of LLP?
A. Separate legal entity B. All LLP have existence for fixed period. C. Partners in an LLP are required to turn into an agreement D. In an LLP, partners are not liable for the act of other partners.