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An LLC offers which of the following advantages and disadvantages in comparison with other business entities? A. Investment in an LLC offers a limited liability

An LLC offers which of the following advantages and disadvantages in comparison with other business entities?

A.

Investment in an LLC offers a limited liability comparable to a corporation while allowing flexibility in the level of the investor's involvement in management.

B.

An LLC is the only business form available in most states, including Missouri.

C.

Investment in an LLC offers members cumulative voting rights like a corporation but exposes members to personal liability like a partnership.

D.

Investment in an LLC offers limited liability to a limited class of members like a limited partnership, while providing for the issuance of both preferred and common stock like a corporation .

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