Question: answer according to bc law Question 13 ( 4 marks) Partners have fiduciary obligations to each other. Explain at least four of these obligations between

answer according to bc law

Question 13 ( 4 marks)

Partners have fiduciary obligations to each other. Explain at least four of these obligations between partners.

Question 14 ( 3 marks)

What are the main advantages of limited liability partnerships (LLP's)? Explain what they are liable for and not liable for.In light of this, what does the law require, in an attempt to protect those who suffer losses through the actions of a partner or an employee of a limited liability partnership?

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