All Owners in an LLP Have Limited Liability

question 61

True/False

All owners in an LLP have limited liability.

---

Definitions:

Diversity

The inclusion of individuals representing more than one national origin, color, religion, socioeconomic stratum, sexual orientation, etc., within a community or organization.

Ethnically Diverse

Referring to a group or area containing people from multiple ethnic backgrounds and cultures.

College Life

A phase in a person's life typically associated with attending a college or university, focusing on academic, social, and personal development.

Values

The importance, worth, or usefulness of something; principles or standards of behavior.