Ch 4 The Limited Liablity Partnership Act 2008 0 Created on September 28, 2023 By admin Ch 4 The Limited Liablity Partnership Act 2008 MCQ Quiz 1 / 7 Minimum designated partners required in a LLP are: 1 2 3 0 2 / 7 For reservation of name, e-Form _________ is required. E-Form 1 E-Form A E-Form B E-Form 2 3 / 7 In case of a LLP, the partners are agents of _________. LLP Other Partners Both (a) and (b) None of the above 4 / 7 Maximum number of partners in a LLP can be: 100 200 50 Unlimited 5 / 7 The LLP Act, 2008 came into force from: 31st March, 2008 31st March, 2009 1st April, 2008 1st April, 2009 6 / 7 Common seal is mandatory for _________. Company LLP Both the above None of the above 7 / 7 In case of legal non-compliance and penalties under the LLP Act, _________ are responsible. Partners Designated Partners LLP All the above Your score isThe average score is 0% LinkedIn Facebook VKontakte 0% Restart quiz 0 Created on September 28, 2023 By admin Ch 4 The Limited Liablity Partnership Act 2008 T/F Quiz 1 / 8 Foreign Nationals can become a partner in a LLP. True False 2 / 8 LLP can be incorporated for charitable purpose as well as for business. True False 3 / 8 Every partner in a LLP is the agent for the purpose of the business of LLP but not of the other partners. True False 4 / 8 Limited Liability Partnership is governed by Partnership Act, 1932. True False 5 / 8 In a LLP, all partners have an unlimited liability. True False 6 / 8 Executing an LLP Agreement is discretionary. True False 7 / 8 A LLP is not a body corporate. True False 8 / 8 It is mandatory for a LLP to have a common seal. True False Your score isThe average score is 0% LinkedIn Facebook VKontakte 0% Restart quiz