Question: Question A.4 The Limited Liability Partnership Act 2000 introduced the LLP as a new mode of conducting a business, and since then LLP has become

Question A.4 The Limited Liability Partnership Act 2000 introduced the "LLP" as a new mode of conducting a business, and since then LLP has become hugely popular. Compare and contrast the LLP with other modes of business and explain the success of the LLP. In your answer explain why the LLP has also become a vehicle for tax avoidance. (12 marks]

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