What is the full name of LLP?

[alexx]

Certainly, among the many inquiries which have been posed by newly formed businessmen are questions regarding what is a limited liabilities partnership. LLP is the abbreviated form of Limited Liability Partnership. Definition of limited liability partnership states that it is possible for the partners to take part in management of the partnership while not making their personal property liable for all the debts of the business. It is important for the entrepreneurs to learn about what is a limited liability partnership.