Examlex
Which of the following is a cost/expense that an estate clearance fund is designed to pay?
Limited Partners
Investors in a partnership who have limited liability to the extent of their investment and do not participate in day-to-day management.
LLLPs
Limited Liability Limited Partnerships, a form of partnership that provides limited liability to all its partners, not just the general ones.
Limited Partner
A limited partner is an investor in a partnership who is not involved in the day-to-day management and whose liability is limited to the amount invested in the business.
LLLP
A Limited Liability Limited Partnership (LLLP) is a form of partnership that provides limited liability to all its partners, combining characteristics of limited partnerships and limited liability partnerships.
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