Which of the Following Is True About LLPs?​

Multiple Choice

Which of the following is true about LLPs?​

A) ​There is limited liability for the LLP as well as all partners.
B) ​There is limited liability for the LLP only.
C) There is limited liability for the LLP and for those partners not involved in the negligent acts.
D) The liability in an LLP is the same as the liability in limited partnerships.