The conversion of a partners business into a limited liability company affords the
FINANCIALJAMB 1995
The conversion of a partners business into a limited liability company affords the
- A. general partners the chance of enjoying the limited laibility protection
- B. limited liability partners the chance of enjoying the limited liability protecction
- C. Creditors the chance of enjoying the limited liabiity protection
- D. debtors the chance of enjoying the limited liability protection
Correct Answer: B. limited liability partners the chance of enjoying the limited liability protecction
Explanation
No explanation is available for this question at this moment. If you can provide an explanation to help other student learn, please post it belowPost an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly.
Your email address will not be published. Required fields are marked *