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An LLC is not a corporation; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. (Wikipedia)

28043. "Person" means any natural person, proprietorship, joint venture, partnership, trust, business trust, syndicate, association, joint stock company, corporation, limited liability company, government, agency of any government, or any other organization. (California Corporations Code, Section 28043, law.onecle.com)

A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. (Wikipedia)

Distribution of Profits. The dispensing of profits amongst partners of a partnership, members of a Limited Liability Company, or employees in a company, as per terms outlined in a profit-sharing agreement. (Wex Legal Dictionary)