The correct answer is: B. LLP agreement
An LLP agreement is a legal document that sets out the terms and conditions of a limited liability partnership.
It is similar to a partnership deed, but it also includes provisions specific to LLPs, such as the management structure and the liability of the partners.An LLP agreement is important because it provides clarity and certainty for all parties involved in the partnership. It also helps to protect the partners from personal liability for the debts and obligations of the LLP.
A partnership deed is a legal document that sets out the terms and conditions of a partnership. It is similar to an LLP agreement, but it does not include provisions specific to LLPs.
A memorandum of association (MoA) is a legal document that sets out the basic information about a company, such as its name, registered office, and objects. It is not a substitute for an LLP agreement.
An articles of association (AoA) is a legal document that sets out the rules and regulations of a company. It is not a substitute for an LLP agreement.
In conclusion, the correct answer is: B. LLP agreement. An LLP agreement is a legal document that sets out the terms and conditions of a limited liability partnership. It is important because it provides clarity and certainty for all parties involved in the partnership.