Which of the following are correct about a limited liability company? i. Members have power…

Which of the following are correct about a limited liability company? i. Members have power to bind the company ii. Perpetual succession iii. Certificate of incorporation iv. Wound-up on death of a share holder
  • A.
    ii and iii only
  • B.
    i and iv only
  • C.
    ii and iv ony
  • D.
    i and iii only
Correct Answer: Option A
Explanation
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