Question
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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