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1 pts Question 1 A limited liability company (LLC) is similar to a partnership except that an LLC pays federal income tax True False Question

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1 pts Question 1 A limited liability company (LLC) is similar to a partnership except that an LLC pays federal income tax True False Question 2 1 pts In terms of tax treatment, a limited partner in a limited partnership is most nearly like: a shareholder in a corporation O a partner in a general partnership O a creditor to the limited partnership all of the above Question 3 1 pts In terms of liability consequences, a limited partner in a limited partnership is most nearly like a shareholder in a corporation a partner in a general partnership O a creditor to the limited partnership Call of the above

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