In a limited liability partnership,most of the partners have liability for partnership obligations:

A) beyond the partnership assets.
B) up to the extent of the partnership assets.
C) as per the partnership rules & regulation.
D) as per the demand of the partner.

Limited Liability Partnership

A business structure that protects its partners from personal liability for certain partnership debts and obligations.

Liability for Obligations

The legal responsibility of an individual or entity to fulfill contractual, financial, or legal obligations.

Partnership Assets

Properties, cash, or any resources owned by a partnership that are used in conducting its business.