Question

If the number of partners in an LLP is reduced below 2 and LLP carried out business for more than 6 months_____.

A LLP should immediately cease business
B LLP still can carry out business for further 6 months.
C The only partner shall be personally liable for obligations of LLP incurred during that period.
D The only partner shall not be personally liable for obligations of LLP during that period
E The only partner shall not be liable for obligations of LLP after a period of 6 months.
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