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What is the primary document that determines the mutual rights and duties of partners in a limited liability partnership (LLP)?
  • a)
    Memorandum of Association (MOA)
  • b)
    Articles of Association (AOA)
  • c)
    Partnership Agreement
  • d)
    Limited Liability Partnership Agreement (LLP Agreement)
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is the primary document that determines the mutual rights and dut...
In a limited liability partnership (LLP), the mutual rights and duties of partners are determined by the Limited Liability Partnership Agreement, often referred to as the LLP Agreement. This agreement outlines the responsibilities, rights, and obligations of the partners in the LLP.
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What is the primary document that determines the mutual rights and duties of partners in a limited liability partnership (LLP)?a)Memorandum of Association (MOA)b)Articles of Association (AOA)c)Partnership Agreementd)Limited Liability Partnership Agreement (LLP Agreement)Correct answer is option 'D'. Can you explain this answer?
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What is the primary document that determines the mutual rights and duties of partners in a limited liability partnership (LLP)?a)Memorandum of Association (MOA)b)Articles of Association (AOA)c)Partnership Agreementd)Limited Liability Partnership Agreement (LLP Agreement)Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the primary document that determines the mutual rights and duties of partners in a limited liability partnership (LLP)?a)Memorandum of Association (MOA)b)Articles of Association (AOA)c)Partnership Agreementd)Limited Liability Partnership Agreement (LLP Agreement)Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary document that determines the mutual rights and duties of partners in a limited liability partnership (LLP)?a)Memorandum of Association (MOA)b)Articles of Association (AOA)c)Partnership Agreementd)Limited Liability Partnership Agreement (LLP Agreement)Correct answer is option 'D'. Can you explain this answer?.
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