wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

What does LLP stand for?


Open in App
Solution

LLP stands for Limited Liability Partnership in which the liability of the partners is limited to the extent of their contribution in the business. It is one of the popular forms of partnership.

Also read:

Learn about more questions and answers on business studies and various other commerce topics from our website.


flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Appropriation vs Charge
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon