The Pacific Plate is seismically active beneath Denali, a tectonic region that is known as the McKinley cluster. Denali has a summit elevation of 20,310 feet (6,190 m) above sea level, making it the highest peak in North America and the northernmost mountain above 6,000 meters elevation in the world.
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.Redirected from LLP). An obligation of a partnership incurred while the partnership is a limited liability partnership, whether arising in contract, tort, or otherwise, is solely the obligation of the partnership.
In both LPs and LLPs, some or all partners are insulated from personal liabilities, while still enjoying the pass-through taxation and flexibility of a general partnership. 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.