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Step 2 of Triangle Talk is _____.
Limited Liability Partnership
A partnership arrangement in which some or all partners have limited liabilities, protecting personal assets from business debts and liabilities.
Separate Legal Entity
An entity that is legally distinct from its owners or members, capable of having its own rights, duties, and obligations.
Business Organization
An entity formed for the purpose of carrying on commercial enterprise, including corporations, partnerships, and sole proprietorships.
Taxes
Compulsory financial charges or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.
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