Business Law MCQ on LLP Act 2008 (The Limited Liability Partnership Act, 2008) | Business Law MCQs for CA Foundation and Other Competitive Exams

Business Law MCQ on LLP Act 2008: Check the below Business Law MCQ on LLP Act 2008 with Answers Pdf free download. Business Law MCQ on LLP Act 2008 Questions for Business Law with Answers were prepared based on the latest exam pattern. We have provided Business Law MCQ on LLP Act 2008 with Answers to help students understand the concept very well.

Business Law MCQ on LLP Act 2008


1. Common seal is mandatory for _________.
(a) Company
(b) LLP
(c) Both the above
(d) None of the above

View Answer

(d) None of the above


2. The LLP Act, 2008 came into force from:
(a) 31st March, 2008
(b) 31st March, 2009
(c) 1st April, 2008
(d) 1st April, 2009

View Answer

(b) 31st March, 2009


3. For reservation of name, e-Form _________ is required.
(a) E-Form 1
(b) E-Form A
(c) E-Form B
(d) E-Form 2

View Answer

(a) E-Form 1


4. Maximum number of partners in a LLP can be:
(a) 100
(b) 200
(c) 50
(d) Unlimited

View Answer

(d) Unlimited


5. Minimum designated partners required in a LLP are:
(a) 1
(b) 2
(c) 3
(d) 0

View Answer

(b) 2


6. In case of a LLP, the partners are agents of _________.
(a) LLP
(b) Other Partners
(c) Both (a) and (b)
(d) None of the above

View Answer

(a) LLP


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