what is the biggest difference between a partnership and a LLC? Why?

Business & Finance
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Other than a personal liability issue, what is the biggest difference between a partnership and a LLC? Why?

Jul 30th, 2015

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The biggest difference between a general or limited partnership and an LLC is that the general partners of any partnership are personally liable for any business debts. This means creditors can go after the partners' personal assets while members of an LLC are not personally liable

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Jul 30th, 2015

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Jul 30th, 2015
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Jul 30th, 2015
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