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1. LLCs are a hybrid of which business structure below? a)Partnership and sole proprietorship b)Partnership and corporation c)Sole proprietorship and corporation d) None of the

1. LLCs are a hybrid of which business structure below?

a)Partnership and sole proprietorship

b)Partnership and corporation

c)Sole proprietorship and corporation

d) None of the above

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2. An owner of an LLC is referred to as which of the following?

a)Non-member

b)Partner

c)Member

d)Shareholder

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