A major advantage of the limited liability partnership is $\_\_\_\_\_\_\_\_\_.$

Group of answer choices

the LLP is taxed at the lowest level of corporate tax rate, never the highest since it is not a corporation.

a partner can protect his personal assets from liabilities arising from his own misconduct or negligence. However, this is true only if this provision is in the partnership agreement.

there is no advantage to doing business as a LLP$.$

a partner can protect her personal assets from misconduct or negligence liability of other partners