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.

Question

Quizplus · Accepted Answer

A)The LLP has several special requirements.First,the business name must include
the phrase Limited Liability Partnership or an abbreviation of the phrase.Second,the parties must file a form with the secretary of the state to create the LLP.
B)The LLP has several special requirements.First,the business name must include the phrase Limited Liability Partnership or an abbreviation of the phrase.Second,the parties must file a form with the secretary of the state to create the LLP.
C)The LLP has several special requirements.First,the business name must include the phrase Limited Liability Partnership or an abbreviation of the phrase.Second,the parties must file a form with the secretary of the state to create the LLP.
D)The LLP has several special requirements.First,the business name must include the phrase Limited Liability Partnership or an abbreviation of the phrase.Second,the parties must file a form with the secretary of the state to create the LLP.
E)The LLP has several special requirements.First,the business name must include the phrase Limited Liability Partnership or an abbreviation of the phrase.Second,the parties must file a form with the secretary of the state to create the LLP.

Which of the Following Statements Is Correct About the Requirements