Use the figure above to answer the following questions.
-The letter "F" from the above figure represents
Definitions:
Limited Liability Partnership
A partnership structure where partners' personal liability for business debts is limited to the amount they invest in the business.
Liability
The state of being legally responsible for something, typically by law or financial obligation.
Limited Partner
An investor in a partnership who is not directly involved in the day-to-day operations and whose liability is limited to the amount invested in the partnership.
Vicarious Liability
The legal responsibility of one party for the actions of another, typically in employer-employee relationships.
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