Business Studies, asked by chinu30403, 1 month ago

QUESTIONS -
1) Discuss the conditions under which LLP will be liable and not liable for the acts of the partner.
liability of a company​

Answers

Answered by itztaesprincessliza
9

Answer:

LLP is liable for wrongful act or omission of a partner done in the course of business or with the authority of the LLP. A partner is not personally liable for obligations of the LLP. However, he is liable for his own wrongful act or omission.

Answered by kanvi14
1

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