Which entity does not have all of the following characteristics? 1.. Limited liability. 2.. Ability to distribute

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Which entity does not have all of the following characteristics?

1.. Limited liability.

2.. Ability to distribute in-kind appreciated assets to owners without gain recognition.

3.. Can have foreign investors.

a. LLC:

b. S corporation.

c. Limited partnership.

d. LLP.

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Fundamentals Of Financial Planning

ISBN: 9781936602094

3rd Edition

Authors: Michael A Dalton, Joseph Gillice

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