MBA 615:MANAGERIAL FIN.>CUSTOM PKG.<
16th Edition
ISBN: 9781323568736
Author: Pearson Custom
Publisher: PEARSON C
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Chapter 1.1, Problem 1CC
Summary Introduction
To Determine: The meaning of Limited Liability Corporation (LLC) and the reasons why it differs from Limited Partnership (LP).
Introduction: A limited partnership is otherwise called as LP; a type of partnership firm in which a portion of the partners contributes just fiscally and are at risk just to the degree of the measure of cash they have contributed.
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