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Author Question: Recent changes in partnership law allow partnerships to be registered as a "limited liability ... (Read 24 times)

panfilo

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on: Aug 7, 2021
Recent changes in partnership law allow partnerships to be registered as a "limited liability partnership" or LLP. When carrying on business as a limited liability partnership, non-negligent partners stand to lose:
◦ their investment in the firm.
◦ assets jointly held with a spouse.
◦ all of their personal assets if a successful claim is brought against the partnership on the basis of another partner's mistake.
◦ absolutely nothing.
◦ all of their personal assets except those protected from seizure under bankruptcy legislation.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
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Marked as best answer by panfilo on Aug 7, 2021

dlook33

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Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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panfilo

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Reply 2 on: Aug 7, 2021
Great answer, keep it coming :)

vickybb89

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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