Multiple Choice
Which of the following statements is correct about the requirements of an LLP?
A) The business name must include the phrase Limited Liability Partnership or an abbreviation of the phrase,and the parties must file a form with the secretary of the state.
B) The parties must execute a Partnership Agreement identifying itself with the phrase Limited Liability Partnership or an abbreviation of the phrase,and the parties must file a form with the secretary of the state.
C) The business name must include the phrase Limited Liability Partnership or an abbreviation of the phrase,and the parties must execute a Partnership Agreement.
D) The business name must include the phrase Limited Liability Partnership or an abbreviation of the phrase,the parties must execute a Partnership Agreement,and the parties must file a form with the secretary of the state.
E) The parties only need to file a form with the secretary of the state.
Correct Answer:

Verified
Correct Answer:
Verified
Q55: What is the term used for the
Q56: Who is responsible for running the day-to-day
Q57: Which of the following is a relationship
Q58: Kendra and Amelia operate an art gallery,owned
Q59: Is André correct in his assertion that
Q61: Which of the following establishes how a
Q62: [R&R Landscaping,LLC] R&R Landscaping,LLC,is registered as a
Q63: What type of agreement do owners of
Q64: [Daria's Bakery] Daria decided to open her
Q65: Which types of business organizations are terminated