e97a4b25_rtnership_and_Partnership_Firm__LIMITED_LIABILITY_PARTNERSHIP
[SR. NO.] 4 [PARTICULAR] Separate Legal Entity [PARTNERSHIP FIRM] It is not separate legal entity from partners. Partners are collectively referred as firm. [LIMITED LIABILITY PARTNERSHIP] 
It is separate legal entity, separate from its partners\ designated partners.
Difference between Limited Liability Partnership and Partnership Firm
LIMITED LIABILITY PARTNERSHIP