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We performed an exact diagonalization study of the spin-liquid phase of the multiple-spin exchange model on a triangular lattice. It is characterized by no N\'eel long-range order, short-ranged magnetic correlations, and a spin gap. We found no long-range order in any local order parameter we investigated (chiral, dimer, etc.) The probable asymptotic ground-state degeneracy is discussed. We argue that it could be of topological origin and that the system is probably not a chiral spin liquid. A possible relation to the Affleck-Kennedy-Lieb-Tasaki, or valence-bond solid phase is discussed.
Misguich et al. (Thu,) studied this question.