The correct answer is: B. limited liability partnership.
In a limited liability partnership (LLP), the personal liability of each partner is limited to the amount of their investment in the partnership. This means that if the partnership is sued, the partners’ personal assets cannot be used to satisfy the judgment.
An unlimited liability partnership (ULP) is a type of partnership in which the partners are personally liable for the debts and obligations of the partnership. This means that if the partnership is sued, the partners’ personal assets can be used to satisfy the judgment.
A controlled partnership is a type of partnership in which one partner has control over the other partners. This means that the controlling partner can make decisions on behalf of the partnership without the consent of the other partners.
An uncontrolled partnership is a type of partnership in which all partners have equal control over the partnership. This means that no one partner has more power than the others.
In conclusion, the only type of partnership in which all partners have limited liability is a limited liability partnership (LLP).