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Answer the following question in no less than one page. How do you choose between an...

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Finance

Answer the following question in no less than one page.

How do you choose between an LLC and an LLP in creatingyour business organization?

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3.9 Ratings (428 Votes)
The LLC and LLP The liability protection is better in a LLC rather than the LLP In a LLP the partners are provided protection over the liabilities whereas in the case of partnership all the partners are personally liable to pay all the debts arising in the partnership firm In a LLP    See Answer
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Answer the following question in no less than one page.How do you choose between an LLC and an LLP in creatingyour business organization?

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