Question

    The name of LLP shall consist of-

    A LLP. Correct Answer Incorrect Answer
    B Limited Liability Partnership Correct Answer Incorrect Answer
    C Both a and b Correct Answer Incorrect Answer
    D Either a or b. Correct Answer Incorrect Answer
    E No such rules for names of LLP are prescribed. Correct Answer Incorrect Answer

    Solution

    LLP Act S. 15. Name.—(1) Every limited liability partnership shall have either the words "limited liability partnership" or the acronym "LLP" as the last words of its name.

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