Joe is an accountant and plans to join a group of accountants. he compares a group in a general partnership with a group in a limited liability partnership (llp. what is one advantage of the llp that he would be particularly interested in? joe s personal property would not be at risk as a limited liability partner. joe would pay fewer taxes as a limited liability partner. joe would make a higher percentage of the profits as a limited liability partner. joe would not be liable if another partner were to make a mistake.

Question

Business

Luke Mata

19 April, 02:32

Joe is an accountant and plans to join a group of accountants. he compares a group in a general partnership with a group in a limited liability partnership (llp. what is one advantage of the llp that he would be particularly interested in? joe s personal property would not be at risk as a limited liability partner. joe would pay fewer taxes as a limited liability partner. joe would make a higher percentage of the profits as a limited liability partner. joe would not be liable if another partner were to make a mistake.

+2

Answers (1)

Know the Answer?

Vasquez · Answer 1

An organization in which all accomplices are constrained accomplices is a limited liability partnership (LLP). It along these lines shows components of associations and companies. In a LLP, one accomplice is not dependable or obligated for another accomplice's offense or carelessness. Joe would not be subject if another accomplice were to commit an error. The answer is the 4th one.