Multiple Choice
Which of the following statements about LLPs is false?
A) State legislatures created the LLP as a means of reducing the personal liability of professional partners.
B) An innocent partner of an LLP has no liability for the professional malpractice of his partners.
C) LLP statutes grant partners broad protection.
D) LLP statutes hold innocent partners liable for negligence.
Correct Answer:
Verified
Correct Answer:
Verified
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