The minimum number of partner/s to form an LLP is

1
2
3
4

The correct answer is A. 1.

A limited liability partnership (LLP) is a type of partnership where the partners are not personally liable for the debts of the partnership. This means that if the partnership goes bankrupt, the partners’ personal assets are not at risk.

To form an LLP, you must have at least one partner. The partners can be individuals, corporations, or other partnerships. The partners must agree to a partnership agreement, which outlines the rights and responsibilities of the partners.

LLPs are a popular choice for businesses because they offer limited liability protection and the flexibility of a partnership. However, it

is important to note that LLPs are not as well-regulated as corporations, so it is important to do your research before forming one.

Here is a

brief explanation of each option:

  • Option A: 1. This is the correct answer. To form an LLP, you must have at least one partner.
  • Option B: 2. This is not the correct answer. To form an LLP, you must have at least one partner.
  • Option C: 3. This is not the correct answer. To form an LLP, you must have at least one partner.
  • Option D: 4. This is not the correct answer. To form an LLP, you must have at least one partner.