What type of partnership is designed for professionals working in a partnership so that partners will not be held liable for the negligent actions (and resulting liabilities) of other partners but they will still be liable for the general obligations of the business?

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A Limited Liability Partnership (LLP) is specifically designed for professionals working in a partnership, allowing partners to be protected from the negligent actions of other partners while still being responsible for the general obligations of the business.

What Type of Partnership Is Designed for Professionals Working in a Partnership