Explain the difference between an lp and an llp


Assignment:

Q1. What is a single tax advantage of a limited liability company?
Q2. Explain the difference between an LP and an LLP.
Q3. Why is a joint venture often considered to be a partnership?

Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Business Law and Ethics: Explain the difference between an lp and an llp
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