Age spots on the shoulder and back. Age spots â also called liver spots and solar lentigines â are flat tan, brown or black spots. They vary in size and usually appear on the face, hands, shoulders and arms â areas most exposed to the sun.
A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities.It therefore exhibits elements of partnerships and corporations. In an LLP, one partner is not responsible or liable for another partner's misconduct or negligence.LP is different from Limited partnership.It operates like a limited partnership, but in llp each member of the is protected from personal liability, except to the extent of their capital contribution in the LLP. 1.
LP and LLP mean almost the same thing, with the difference being whether limited partners can participate in management. These kinds of partnerships are generally designed for partners who are engaged in the same type of profession, such as a law firm or an accounting firm. Limited Partnership (LP) An LP is a form of partnership that has two types of partners: a general partner and limited partners. There has to be at least one general partner and at least one limited partner in every LP. The general partner manages the operation of the LP.