What is LLP (Limited Liability Partnership)?
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Ishita RamaniAnswered on April 14,2022
A Limited Liability Partnership (LLP) is one in which some or all of the partners are having limited liability. As a result, it can display aspects of partnerships and businesses. Each partner in an LLP is not responsible or liable for the misbehavior or carelessness of another partner. An LLP (Limited Liability Partnership) is a type of business that combines the advantages of partnerships and private limited companies. It is made up of partners who have limited accountability for the company.
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