Muhsin in considering forms of business organisation for his law firm. One advantage of thelimited liability partnership form is that it allow the limited partners to avoid personal liability for:
A. The malpractice of other limited partners regarding the conduct of the firm՚s business
B. The obligation of the firm beyond their contributions to the capital
C. The obligations of the firm within the limit their contributions to be capital
D. None of these
Answer:D
Muhsin in considering forms of business organisation for his law firm. One advantage of thelimited liability partnership form is that it allow the limited partners to avoid personal liability for:
A. The malpractice of other limited partners regarding the conduct of the firm՚s business B. The obligation of the firm beyond their contributions to the capital C. The obligations of the firm within the limit their contributions to be capital D. None of these