Final answer:
In a limited liability partnership, the statement that a partner is liable for the negligence committed by their partners is generally b. false. Each partner's liability is confined to their investment and personal assets are typically protected.
Step-by-step explanation:
In the context of a limited liability partnership (LLP), it's important to note that the liability of each partner is indeed limited. This means that a partner in an LLP is not typically liable for the negligence committed by other partners beyond their investment in the company. Instead, each partner's liability is limited to their contribution to the business, and personal assets are generally protected from the company's debts and liabilities. However, depending on the jurisdiction and specific terms of the LLP, there can be exceptions where partners may be held responsible for certain actions of their colleagues.
Therefore, the statement that a partner in a limited liability partnership is liable for the negligence committed by their partners is, in general, false. This reflects one of the key advantages of an LLP, where partners are shielded from joint liability for the acts of their partners.