Commerce Exam  >  Commerce Questions  >  Any four features of limited liability partne... Start Learning for Free
Any four features of limited liability partnership?
Most Upvoted Answer
Any four features of limited liability partnership?
(1) In limited liability partnership, the liability of at least one partner is unlimited whereas the rest have limited liability.(2) This partnership does not get terminated with the death, lunacy or insolvency of the limited partners.(3) The limited partners do not enjoy the right of management and their acts do not bind the firm or the other partners.(4) Registration of such partnership is compulsory.
Community Answer
Any four features of limited liability partnership?
Thanks
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
Explore Courses for Commerce exam

Top Courses for Commerce

Any four features of limited liability partnership?
Question Description
Any four features of limited liability partnership? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Any four features of limited liability partnership? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Any four features of limited liability partnership?.
Solutions for Any four features of limited liability partnership? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Any four features of limited liability partnership? defined & explained in the simplest way possible. Besides giving the explanation of Any four features of limited liability partnership?, a detailed solution for Any four features of limited liability partnership? has been provided alongside types of Any four features of limited liability partnership? theory, EduRev gives you an ample number of questions to practice Any four features of limited liability partnership? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev