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A limited liability corporation is considered a hybrid between a corporation and a partnership because : Select one : a. In some states it is
A limited liability corporation is considered a hybrid between a corporation and a partnership because :
Select one :
a. In some states it is considered to be a corporation and in others it is considered to be a partnership
b. Income from an LLC is subject to double taxation
c. It is taxed like a partnership but has limited liability like a corporation
d. It is taxed like a corporation but has unlimited liability like a partnership
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