Samson is the general partner in Professional Experts Limited Liability Limited Partnership. There are three other partners. In the course of his business, Samson drives a car recklessly and causes injury to one person. In this case, who will be liable for the damages?

Question

Social Studies

Justine Lester

21 January, 03:42

Samson is the general partner in Professional Experts Limited Liability Limited Partnership. There are three other partners. In the course of his business, Samson drives a car recklessly and causes injury to one person. In this case, who will be liable for the damages?

+5

Answers (1)

Know the Answer?

Jayvon Molina · Answer 1

Only Samson is liable.

Explanation:

Limited Liability Partnerships (LLP) are a type of partnership where the partners have limited liabilities with respect to one another. Unlike Limited Liability Companies (LLC), which makes the firm liable for any damages as a result of conducting their regular business, in LLPs the partners aren't responsible for the damages resulting from another partner's actions. In this case, since this is a LLP, Samson is responsible for his own actions. Also, Samson is also the general partner of the LLP, which means he has unlimited liability, that is, he's responsible for his own actions as well as for the other partners. LLPs are very common among professionals that are exposed to legal issues associated with malpractice or negligence, such as doctors and lawyers.