An LLP is a legal entity SEPARATE from its partners. Its liability for debts is:

1. Section 3 — LLP is a body corporate with perpetual succession; its liabilities are met out of its property. 2. Partners are not personally liable for the LLP's obligations except for their own wrongful acts. 3. Hence (C). _Source: ICAI BoS CA Inter Paper 2 — Limited Liability Partnership Act 2008_