Which entity does not have all of the following characteristics? 1.. Limited liability. 2.. Ability to distribute
Question:
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.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Fundamentals Of Financial Planning
ISBN: 9781936602094
3rd Edition
Authors: Michael A Dalton, Joseph Gillice
Question Posted: