English

A company required funding for expansion, but did not want unlimited liability for its partners. What type of partnership would best suit their needs? - Commercial Applications

Advertisements
Advertisements

Question

A company required funding for expansion, but did not want unlimited liability for its partners. What type of partnership would best suit their needs?

Options

  • General Partnership

  • Partnership at Will

  • Limited Liability Partnership (LLP)

  • Particular Partnership

MCQ
Advertisements

Solution

Limited Liability Partnership (LLP)

shaalaa.com
  Is there an error in this question or solution?
Chapter 3: Ownership Structures - Partnership - EXERCISES [Page 41]

APPEARS IN

C. B. Gupta Commercial Applications [English] Class 9 ICSE
Chapter 3 Ownership Structures - Partnership
EXERCISES | Q I. 22. | Page 41
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×