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  • This topic has 6 replies, 4 voices, and was last updated 10 years ago by MikeLittle.
Viewing 7 posts - 1 through 7 (of 7 total)
  • Author
    Posts
  • August 4, 2015 at 1:33 pm #265436
    Rabina
    Member
    • Topics: 8
    • Replies: 10
    • ☆

    Qn.Which two statement are correct in relation to designated members in limited liability partnership?
    1.They must not take part in the day-to-day operation of the business
    2.They are responsible for filing the LLP’s accounts
    3.They are fully liable for partnership debts
    4.They have limited liability

    A.1 & 4
    B.2 & 4
    C.2 & 3
    D.1 & 3

    August 4, 2015 at 4:30 pm #265483
    6shahir
    Member
    • Topics: 198
    • Replies: 293
    • ☆☆☆

    2 and 4 I guess

    August 4, 2015 at 7:38 pm #265515
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23362
    • ☆☆☆☆☆

    6shahir, best that you don’t assume the role of a tutor, just in case you are incorrect, so please limit your involvement on this page to just asking questions

    Rabina, the options 2 and 4 are correct so the answer is B

    August 5, 2015 at 2:31 am #265557
    Rabina
    Member
    • Topics: 8
    • Replies: 10
    • ☆

    Thank you

    August 5, 2015 at 8:31 am #265587
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23362
    • ☆☆☆☆☆

    You’re welcome

    August 8, 2015 at 6:21 pm #266271
    nouman
    Member
    • Topics: 0
    • Replies: 5
    • ☆

    The options 2 and 4 are correct so the answer is B right?

    August 8, 2015 at 7:23 pm #266272
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23362
    • ☆☆☆☆☆

    Yes, my mistake for originally typing C! The “b” and “c” keys are so close together that I hit the wrong one. (?)

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