McqMate
| Q. |
Which one of the following is not a feature of Limited Liability Partnership firm? [IAS 2010] |
| A. | Partners should be less than 20 |
| B. | Partnership and management need not be separate |
| C. | Internal governance may be decided by mutual agreement among partners |
| D. | It is a corporate body with perpetual succession |
| Answer» A. Partners should be less than 20 | |
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