A limited liability partnership (LLP) is formed to carry on a professional practice between Raj, Abu, and Hassan. There is no limited liability partnership agreement. Lack of marketing competency, the LLP suffers a loss for the first year of its operation, and it has become insolvent. Raj wants to retire from the partnership. Discuss whether Raj is relieved of all past, present, and future liabilities of the LLP. Advise on the liability of the remaining partners.

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