In the Management of an LLP

question 13

Multiple Choice

In the management of an LLP:

• A)only some partners have a say in its management.
• B)management decisions cannot be altered even by agreement.
• C)new partners can join without the consent of the other partners.
• D)new partners cannot join without the unanimous consent of all partners.

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Definitions:

Mileage

Indicates the distance that a vehicle can travel per unit of fuel.

Slope

A measure of the steepness or incline of a line, indicating the rate at which one variable changes with respect to another.

Weight Of A Car

The total mass of a vehicle, typically measured in pounds or kilograms, which can affect its performance, fuel efficiency, and handling.

Decrease

A reduction in size, number, quantity, or extent.