Arthur, Peter and William are members of Smart Money LLP. Which of the following statement is INCORRECT?
A.
As the members of Smart Money LLP, they are agents of the LLP as well as co-agents the other member(s)
B.
The retirement of any of them shall not affect the existence of the LLP
C.
Their liability to the LLP is limited to their contribution of capital
D.
Two of them must be designated to liaison with the Company Registrar