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5. After the change of the partnership to LLP status, and without partnership authority, Anthony arranged for the partnership to lease ten cars for

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5. After the change of the partnership to LLP status, and without partnership authority, Anthony arranged for the partnership to lease ten cars for a period of three years. a. Discuss the liability of all partners and the partnership for this act. b. Would your answer be different if this LLP had been formed in California? 6. The LLP would like to open a bank account in Georgia and would like to purchase property in Flor- ida. Identify any formalities the LLP would need to undertake to engage in such acts. Net Worth Back to page 519 Page 588 2 pages left in this chapter 0 000 000 F4 MAR 4 2 tv NA JA DII DA F5 F6 F7 F8 F9 nt ilearn.laccd.edu > Assignments > Chapter 5 - Assignment F LLP Vs. LLC: Key Difference Business Organizatio...aralegals, 7th Edition AA QA d el pas View Access the websites of the appropriate secretaries of state or for state statutes. 1. What is the fee in Delaware to form an LLP if there are ten partners? 2. Review the statement in Illinois used to renew a domestic LLP. a. When must this statement be filed? b. What is the fee for filing this statement if there are five LLP partners? 3. Review the form required by Mirnesota for a foreign LLP to qualify to do business in Min- nesota. What does Section or Paragraph 3 require? Back to page 519 Page 589 1 page left in this chapter MAR 4 2 tv A ww 1

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