Enquiry

This topic has 6 replies, 4 voices, and was last updated 10 years ago by MikeLittle.

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August 4, 2015 at 1:33 pm #265436
Rabina
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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
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2 and 4 I guess
August 4, 2015 at 7:38 pm #265515
MikeLittle
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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
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Thank you
August 5, 2015 at 8:31 am #265587
MikeLittle
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You’re welcome
August 8, 2015 at 6:21 pm #266271
nouman
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The options 2 and 4 are correct so the answer is B right?
August 8, 2015 at 7:23 pm #266272
MikeLittle
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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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