Accountancy, asked by vaishanvi101, 4 days ago

characteristics of limited liability of partnership???​

Answers

Answered by HearthackerAsHiSh
3

Answer:

a. Form an opinion on the financial statements based on an evaluation of the audit evidence obtained. b.

partnership structure where each partner's liabilities are limited to the amount they put into the business.

Answered by FadedBaby
2

Answer:

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Explanation:

The main features of LLP are: LLP is a body corporate and a legal entity separate from its partners. The LLP has a perpetual succession. The Rights & Duties of partners of an LLP and those of the LLP and its partners shall be governed by an agreement between partners or between the LLP and the partners

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