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Question
Ace Accountants, LLP, a limited liability partnership, does business in more than one state. Most likely, Ace's liability outside its state of formation will be determined by the law ofa. any "neutral" state.
b. the first state that enacted an LLP statute.
c. the state in which Ace was doing business when the liability arose.
d. the state in which Ace was formed.
Answer
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Fact Pattern 41-1
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