An LLP is a domestic LLP ________.
A) in the state in which the LLP is organized
B) in every state in the United States
C) in the state in which it does the majority of its business
D) in all states in which it does business
Correct Answer:
Verified
Q77: Mary, Harold, Harvey, and William form an
Q78: Distinguish between a member-managed LLC and a
Q79: A tortfeasor can be a member or
Q80: A nonmanager member of an LLC is
Q81: An LLP that wants to do business
Q82: Limited liability partners in an LLP can
Q83: The disassociation of a member from a
Q84: Distinguish between rightful and wrongful disassociation from
Q86: Partners of LLPs are personally liable for
Q87: LLPs enjoy the flow-through tax benefit of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents