Multiple choice

What is the minimum and maximum number of partners in a Limited Liability Partnership?

  1. Minimum 2 and maximum no limit

  2. Minimum 2 and maximum 50

  3. Minimum 2 and maximum 20

  4. Minimum 2 and maximum 10
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Minimum 2 partners are required to form an LLP and there is no limit for the maximum number of partners. Thus, option 1 is the correct answer. 

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