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Any four features of limited liability partnership?
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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.
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Any four features of limited liability partnership?
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Any four features of limited liability partnership?
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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?.
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?.
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