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Limited Liability Partnerships As discussed in the textbook, large accounting firms and other professional firms operate as limited liability partnerships (LLPs). Compare and contrast the
"Limited Liability Partnerships"
- As discussed in the textbook, large accounting firms and other professional firms operate as limited liability partnerships (LLPs). Compare and contrast the advantages and disadvantages of a LLP form of business and a C-Corporation. Suggest the major reasons why a new entity would choose an LLP over a traditional partnership or a C-Corporation.
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