Respond to the specific questions asked below and ensure that you include in your responses, discussion of the element from your knowledge in business law. (minimum 300 words each for single sub questions.)

a. When a partnership is being dissolved and does not have sufficient assets to pay it's debts, how is the responsibility for those debts distributed? How are the excess assets distributed?

b. What is the main advantage of a limited liability partnership? In light of this, what does the law require to protect those who suffer losses through the actions of a partner or an employee of a limited liability partnership?

c. Distinguish between corporations and companies that have been created by special acts of Parliament, by royal charter, by registration, by letters patent, and by filing articles of incorporation