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Question
In an LLP that is continuing business after dissociation:
A. a dissociated partner has high risk of continuing liability for contracts.
B. a dissociated partner has less risk of torts occurring before or after the partner leaves the LLP.
C. the partner's liability is limited beyond the LLP's assets.
D. the buyout payment made to a dissociated LLP partner will impair the ability of the LLP to pay its creditors.
Answer
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Related questions
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