MCQOPTIONS
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| 1. |
Which of the following is not a feature of a limited liability partnership firm? |
| A. | Partners must be less than 20 |
| B. | Partners and management do not need to be separated |
| C. | Internal governance can be decided by mutual consent between the partners |
| D. | It is a body corporate with perpetual succession |
| Answer» B. Partners and management do not need to be separated | |