Which of the Following Statements About Limited Liability Partnerships (LLPs)is

question 77

Multiple Choice

Which of the following statements about limited liability partnerships (LLPs) is false?

• A)The LLP's name must end with the acronym "RLLP."
• B)The partners of an LLP must expressly agree to create an LLP by complying with an LLP statute.
• C)The formation of an LLP requires filing a form with the secretary of state.
• D)The formation of an LLP requires paying an annual fee.

---

Definitions:

Communication Barriers

Obstacles that impede the exchange of information between individuals or groups, potentially leading to misunderstandings or misinterpretations.

Managing Diversity

The practice of acknowledging, understanding, accepting, and valuing differences among people with respect to age, class, ethnicity, gender, physical and mental ability, race, sexual orientation, spiritual practice, and public assistance status.

Achieve Full Potential

The process of realizing or reaching one's highest possible level of competency or success.

Diverse Teams

Groups that include members with a range of differences in identity, background, perspective, and skill sets, believed to enhance creativity and decision-making.