Posted: May 2nd, 2017

Which of the following business firms is most likely to be a limited liability partnership (LLP)?

Which of the following business firms is most likely to be a limited liability partnership (LLP)?
Aries Pharmaceuticals can only be taxed as a separate legal entity.
Red Communications has two owners who assume complete responsibility for all the debts and obligations of the company.
Image Agency is owned and managed by only one individual
Libra Electronics was formed when its owners filed a statement of qualification with the appropriate public official