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Which of the following best describes the situation where a doctor in a medical partnership accidentally removes a healthy kidney from a patient, resulting in the doctor being sued while her partners are not sued?

A) Limited partnership
B) Family limited partnership
C) Limited liability partnership
D) Unlimited liability

User Jamo
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1 Answer

3 votes

Final answer:

The scenario described matches a Limited Liability Partnership (LLP), where only the doctor who performed malpractice can be sued, not the partners, thanks to the liability protection inherent in LLPs.

Step-by-step explanation:

The situation you described where a doctor is sued for malpractice without her partners being held liable would best be represented by a Limited Liability Partnership (LLP). In an LLP, each partner is protected from personal liability for certain partnership obligations, particularly the malpractice or negligence of other partners. This means that if a doctor in an LLP commits malpractice, as in the scenario where a healthy kidney was removed, only that doctor would face legal action, not her partners.

In contrast, an Unlimited Liability situation would mean that all partners are equally responsible for the debts and liabilities of the business, including malpractice. This is more characteristic of a general partnership. A Limited Partnership (LP) and Family Limited Partnership (FLP) typically involve some partners with limited input and liability, which does not fit the scenario provided.

Understand that in the business world, particularly among professionals like doctors and lawyers, selecting the right type of business entity is crucial for protecting personal assets and defining liabilities.

User Aman Mundra
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