Which of the following is an example of an LLP?

Limited Liability Partnerships (LLPs) are often utilized by professionals who require a partnership structure that provides personal liability protection while enabling flexibility in management and tax treatment. In this context, the option highlighting doctors represents a common use of LLPs.

Healthcare professionals such as doctors frequently organize their practices as LLPs to safeguard their personal assets from liabilities incurred by the partnership, such as malpractice claims. This structure allows them to collaborate and share resources without exposing them to the full risks associated with each partner's actions.

The other options, while they may use various business structures, are not typically associated as prominently with the LLP format. Retail businesses and real estate agencies might choose other partnership forms or corporations depending on their specific needs and risk profiles. Construction companies similarly often operate under different structures like LLCs or traditional partnerships, which might better align with their operational dynamics. Understanding the characteristics and risks of different business structures helps clarify why healthcare professionals favor the LLP model for their practices.