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Author Topic: LLP?  (Read 675 times)

princess b

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LLP?
« on: April 13, 2004, 06:25:09 AM »
can somebody tell me what does "LLP" mean? (XXXX, LLP...law firms) thanks! ;D

SpeakerDave

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Re: LLP?
« Reply #1 on: April 13, 2004, 08:25:03 AM »
LLP = Limited liability Partnetship.

It is a form of business entity.

Grab a business 101 text book and look up business entities.  You will learn:
Proprietorship
Partpership
Corporation, Sub S Corp
LLC
LLP

I'm surprised that entering law students wouldn't know these already.  But that's okay, because we will all spend a semester studying different business forms.

princess b

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Re: LLP?
« Reply #2 on: April 13, 2004, 08:04:58 PM »
Grab a business 101 text book and look up business entities. 
I'm surprised that entering law students wouldn't know these already.  But that's okay, because we will all spend a semester studying different business forms.


i majored in genetics in college and got a ms in biochem. my knowledge in business is limited.

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Re: LLP?
« Reply #3 on: April 13, 2004, 08:11:49 PM »
to defend further. Law school applicants need not (and are encouraged not to) have a standard major in their UG career. So business law or ethics or business period is not a necesity. Just my $.02
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princess b

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Re: LLP?
« Reply #4 on: April 13, 2004, 10:00:04 PM »
to defend further. Law school applicants need not (and are encouraged not to) have a standard major in their UG career. So business law or ethics or business period is not a necesity. Just my $.02

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