Multiple Choice
Which form of business entity was created primarily to professionals from malpractice liability generated by other owners in the firm?
A) the limited partnership
B) the limited liability partnership
C) the limited liability company
D) the general partnership
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Limited liability is not a feature of
Q2: The names of limited partners and investors
Q3: An LLC is essentially identical to a
Q4: All of the following statements regarding LP's
Q6: While most states have adopted limited liability
Q7: Every limited partnership must have at least
Q8: Both general partnerships and limited partnerships are
Q9: An LLC may be managed directly by
Q10: Under the RULPA, a limited partner probably
Q11: A limited liability company: _.<br>A) is the