Question

Which one of the following
statements about limited liability
partnerships (LLPs) is incorrect?
Select one:
a. A limited company can
convert to an LLP.
b. An LLP has a legal
personality separate from
that of its members.
c. Members of an LLP are
taxed as partners.
d. The liability of each
partner in an LLP is limited.​

Answer 1

Answer:

b. An LLP has a legal personality separate from that of its members.

is your right answer