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Distinguish between a member-managed limited liability company and a manager-managed limited liability company.

Limited Partnerships and Limited Liability Companies. Distinguish between a general partnership and a limited partnership.• Identify those activities in which a limited partner may engage without forfeiting limited liability.• Distinguish between a limited partnership and a limited liability company.• Distinguish between a member-managed limited liability company and a manager-managed limited liability company.• Distinguish between a […]

To what extent do you consider that the new provisions applying to PFLPs should be applied to all limited partnerships?

Answer ALL parts of the following question: Xavier, Yvonne and Zoe are recently qualified electricians. They wish to set up in business together providing electrical services but are unsure as to which form of business organization will suit them best. They are considering a general partnership, an LLP or a private company limited by shares. […]

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