Anne and Bill plan to form a limited liability company to engage in the business of developing and marketing computer software. Only Anne and Bill will have authority to act on behalf of the LLC. Because of the limited powers that the investor-members will be granted, Anne and Bill think it best that the investors be permitted to sell or assign their membership interests if they so desire. Of course, Anne and Bill want the business of the LLC to be uninterrupted by the death, bankruptcy, etc., of an investor-member. Question: Will the LLC be taxed as a corporation if organized in the manner contemplated by Anne and Bill?