A________ is a form of business organization that normally allows lawyers doing business as partners to avoid personal liability for the malpractice of other partners.

Question

Quizplus · Accepted Answer

A limited liability partnership (LLP) allows professionals, such as lawyers, to avoid personal liability for the malpractice of other partners. This structure is specifically designed to offer some protection to partners in a partnership, distinguishing it from other forms of business organizations where such protections might not be as strong or explicitly defined.

A________ Is a Form of Business Organization That Normally Allows