Which of the Following Is a Drawback of Limited Liability

Multiple Choice

Which of the following is a drawback of limited liability partnerships (LLPs) ?

A) No state offers "full­shield" liability protection for the partners of LLPs.
B) There is a huge distinction between limited and general partners in LLPs.
C) LLPs allow only 20% of its partners to be general partners.
D) Some states only allow specific types of professional businesses to form LLPs.