“Limited Liability Partnership Firm” (LLP) is a firm in which the partners have limited liabilities. In such kind of partnership one partner is not responsible for another partner’s negligence. The law related to LLP varies from one country to another country.
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“Limited Liability Partnership Firm” (LLP) is a firm in which the partners have limited liabilities. In such kind of partnership one partner is not responsible for another partner’s negligence. The law related to LLP varies from one country to another country.
For detail: http://en.wikipedia.org/wiki/Limited_liability_partnership