Questions and Answers
What is the main purpose of an LLP act?
To form a limited liability partnership
What happens when the LLP act is invoked?
The partnership ceases to exist
Which of the following is NOT a function of the LLP act?
To increase partnership liability
What role does the Registrar of Companies play in dissolving an LLP based on the text?
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What is the first step to dissolve an LLP as per the text?
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Why is it important to notify all partners in writing when dissolving an LLP?
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In the context of ratio and proportion, if 5 apples cost $10, how much will 8 apples cost?
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If the ratio of boys to girls in a class is 2:3 and there are 30 students in total, how many girls are in the class?
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If it takes 4 painters 6 days to paint a house, how many days will it take for 5 painters to paint the same house?
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