Question 3 Rani and Maya set up RM & Company, a partnership business. Which of the following assertions applies to RM & Company? A. RM & Co. is a business entity, a legal entity and has unlimited liability B. RM & Co. has limited life, is a legal entity and has limited liability C. RM & Co. can sue others in own business name and has limited life and unlimited liability D. RM & Co. does not have unlimited life or limited liability but can obtain a TD Bank loan a RM & Co. does not have unlimited life or limited liability but can oba RM & Co. has limited life, is a legal entity and has limited liability RM & Co. can sue others in own business name and has limited life RM & Co. is a business entity, a legal entity and has unlimited liabilit C 0.d