Business Studies, asked by nzoyafatima, 6 months ago

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define limited liability partnership

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Answered by kumaranmolpandey1235

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Answer:

A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit elements of partnerships and corporations. In an LLP, each partner is not responsible or liable for another partner's misconduct or negligence.

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Answered by Anonymous

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