This course spends considerable time analysing the concepts of limited liability and unlimited liability in the context of the traditional corporation and partnership (respectively). Interestingly, the notion of how to limit liability arises in relation to limited partnerships and incorporated limited partnerships. Further, Australian law firm Slater and Gordon is said to be the world's first publically traded law firm.
Critically analyse the concepts of:
- Limited Partnership
- Incorporated Limited Partnership; and
- Listed Law Firms.
In so doing, consider why and in what circumstances such business organisations have been used; and whether there have been critiques of the use of such organisations as well as problems with their operation/implementation.
Attachment:- bu112 assign.docx