1.Which of the following is true of a Limited Liability Partnership (select all that apply)? a.The name...
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Question:
1.Which of the following is true of a Limited Liability Partnership (select all that apply)?
a.The name of all partners are part of the company name
b.This is an effective business to avoid the liability requirements of the Partnership Act of Ontario
c.All partners share equally in the management of the partnership
d.It is a creation of contract
e.It only requires liability for the partnership as a business entity
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