Question
1. Why would you choose to form a limited liability partnership (LLP) instead of a general partnership? 2. How are they different? 3. Is an
1. Why would you choose to form a limited liability partnership (LLP) instead of a general partnership?
2. How are they different?
3. Is an LLP a limited partnership, or a general partnership?
B. Compare Limited Liability Limited Partnership (LLLP) vs. Limited Partnership (LP)
Compare LLLPs to limited partnerships and answer the following:
1. Why would you choose to form a limited liability limited partnership (LLLP) instead of a limited partnership?
2. How are they different?
3. Is it actually a choice of which to form or which is formed first?
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Law for business and personal use
Authors: John E. Adamson
18th edition
538445887, 538445882, 9781111803131 , 978-0538445887
