define limited liabilities partnerahip and state its features
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Limited liability partnership definition – It is an alternative corporate business form that offers the benefits of limited liability to the partners at low compliance costs. ... A limited liability partnership is a legal body, liable for the full extent of its assets. The liability of the partners, however, is limited.
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Limited liability partnership definition – It is an alternative corporate business form that offers the benefits of limited liability to the partners at low compliance costs. ... A limited liability partnership is a legal body, liable for the full extent of its assets. The liability of the partners, however, is limited.
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