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Consider the following statements with reference to the Limited Liability Partnership (LLP):1. In an LLP, each partner is not responsible or liable for another partners misconduct or negligence.2. The internal governance structure of a company and LLP both are regulated by statute, Companies Act, 2013.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? for RRB NTPC/ASM/CA/TA 2025 is part of RRB NTPC/ASM/CA/TA preparation. The Question and answers have been prepared according to the RRB NTPC/ASM/CA/TA exam syllabus. Information about Consider the following statements with reference to the Limited Liability Partnership (LLP):1. In an LLP, each partner is not responsible or liable for another partners misconduct or negligence.2. The internal governance structure of a company and LLP both are regulated by statute, Companies Act, 2013.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for RRB NTPC/ASM/CA/TA 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements with reference to the Limited Liability Partnership (LLP):1. In an LLP, each partner is not responsible or liable for another partners misconduct or negligence.2. The internal governance structure of a company and LLP both are regulated by statute, Companies Act, 2013.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.

Solutions for Consider the following statements with reference to the Limited Liability Partnership (LLP):1. In an LLP, each partner is not responsible or liable for another partners misconduct or negligence.2. The internal governance structure of a company and LLP both are regulated by statute, Companies Act, 2013.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for RRB NTPC/ASM/CA/TA. Download more important topics, notes, lectures and mock test series for RRB NTPC/ASM/CA/TA Exam by signing up for free.

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