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:

Intellectual Skills

Cognitive abilities and skills involving reasoning, problem-solving, and the ability to learn and understand complex ideas.

Western Culture

The social norms, values, and practices that have originated in and are primarily associated with European countries.

Asian Culture

Refers to the customs, traditions, and social behaviors of countries and peoples in Asia, characterized by diverse histories, languages, and religions.

Methodological Quality

pertains to the rigor, consistency, and appropriateness of the methods used in research, affecting the reliability and validity of its findings.