In a limited liability partnership, partners have limited liability as long as they do not participate in the management of the business.

Name: In a limited liability partnership, partners have limited liability as long as they do not participate in the management of the business.
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In a limited liability partnership (LLP), all partners have limited liability, and this protection is not contingent upon their level of participation in the management of the business.

In a Limited Liability Partnership, Partners Have Limited Liability as Long