A general partnership that,by making the statutorily required filing,limits the liability of its partners for some or all of the partnership's obligations is a:

Question

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A limited liability partnership (LLP) is a type of partnership in which the partners' personal liability is limited to the amount of their investment in the partnership. This is achieved by making the statutorily required filing with the relevant authorities. The other options are not correct as they represent different types of business structures with different features and requirements.

A General Partnership That,by Making the Statutorily Required Filing,limits the Liability