alleryWith respect to a common seal, an LLP:
AMust compulsorily have one
BMay have a common seal if it decides to (it is optional)
CShares the company's seal
DCannot have one
Answer & Solution
Correct answer: B. May have a common seal if it decides to (it is optional)
Section 14(c) makes a common seal optional for an LLP
if adopted, it is affixed in the presence of at least two designated partners.
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