Q347
An organization running a business has the following attributes: the assets belong to the organization, it can create a floating charge over its assets, change in membership does not alter its existence, and members cannot transfer their interests to others. What type of organization is it?
A.
A private limited company
B.
A limited liability partnership
AnswerC.
A general partnership
D.
None of the above
Answer: Option B
Solution
Answer: Option B
No explanation is given for this question Let's Discuss on Board