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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 to members. a. 1

Which of the following statements is/are true?

1. Partnerships offer limited liability protection to partners.

2. LLCs offer limited liability protection to members.

		a. 1 only.
		b. 2 only.
		c. Both 1 and 2.
		d. Neither 1 nor 2.

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