In a limited liability partnership (LLP)

a. a partner may avoid liability for the malpractice of other partners.

b. a partner who commits malpractice is automatically expelled from the partnership under the UPA.

c. the maximum number of partners is limited by the law of most states.

d. it is deemed unethical to employ non-professionals.

Question

Darryl Chan

Business

11 December, 14:33

In a limited liability partnership (LLP)

a. a partner may avoid liability for the malpractice of other partners.

b. a partner who commits malpractice is automatically expelled from the partnership under the UPA.

c. the maximum number of partners is limited by the law of most states.

d. it is deemed unethical to employ non-professionals.

+3

Answers (1)

Know the Answer?

Gretchen Holden · Answer 1

The correct answer is A

Explanation:

In the LLP (which stands for Limited Liability Partnership), which is a kind of partnership, in this partnership all the partners have the liabilities which is limited. In other words, limited liability means that the partners are not liable beyond their capital amount and each partner is also not responsible for the misconduct or the negligence of the another partner.

Therefore, the option A is correct as the partner could avoid the liability for the malpractice of the other partner.