Which of the following statements relates to a limited liability partnership (LLP)? (a) The partners have unlimited
Question:
Which of the following statements relates to a limited liability partnership (LLP)?
(a) The partners have unlimited liability.
(b) Annual accounts are filed with the Registrar of Companies.
(c) Members may not participate in the day-to-day running of the business.
(d) Existing partnerships may not become an LLP.
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