The partners of an LLP stand to lose only their capital contribution if the partnership fails.

Name: The partners of an LLP stand to lose only their capital contribution if the partnership fails.
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This is one of the advantages of forming an LLP. The partners have limited liability, which means their personal assets are protected and they only risk losing their invested capital. However, there are some exceptions where partners can still be held personally liable, such as fraud or wrongful act.

The Partners of an LLP Stand to Lose Only Their