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Which one of the following is false regarding LIMITED LIABILITY PARTNERSHIPS (LLPs)? O The LLP business form is generally restricted to use by professionals (ie.

Which one of the following is false regarding LIMITED LIABILITY PARTNERSHIPS (LLPs)? O The LLP business form is generally restricted to use by professionals (ie. CPAs). A partner may be personally liable for professional malpractice of other partners. All partners are limited partners. OA partner may be personally liable for his/her own professional malpractice

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