Question: Identify a true statement about a limited liability partnership ( LLP ) . It is taxed like a limited liability company. Revised Uniform Partnership Act

Identify a true statement about a limited liability partnership (LLP).
It is taxed like a limited liability company.
Revised Uniform Partnership Act (RUPA) does not provide full limited liability to the LLP partners.
A partner's limited liability does not extend to the negligence of other partners.
It resembles a general partnership more closely than a limited liability company (LLC).
 Identify a true statement about a limited liability partnership (LLP). It

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