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Which of the following statements is / are true? 1 . Partnerships offer limited liability protection to partners. 2 . LLCs offer limited liability protection

Which of the following statements is

/

are true?

1 .

Partnerships offer limited liability protection to partners.

2 .

LLCs offer limited liability protection to members.

1

only.

2

only.

Both

1

and

2 .

Neither

1

nor

2 .

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