Law · Limited Liability Partnership Act
Arrange the following segments to logically form a correct factual statement detailing the structural management differences between a Limited Liability Partnership (LLP) and a Company. A. where the entity is managed by Designated Partners and Partners, B. A Limited Liability Partnership offers a flexible management structure, C. which is governed by a Board of Directors and Officers. D. in direct contrast to a Company, Choose the correct answer from the options given below:
- 1B, A, D, C✓
- 2D, C, B, A
- 3A, B, C, D
- 4B, D, A, C
Correct answer
B, A, D, C
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