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Each agent for the business can legally bind the firm as well as the other agents to contracts, even without the other agents' knowledge or

Each agent for the business can legally bind the firm as well as the other agents to contracts, even without the other agents' knowledge or consent. Each agent is taxed as an individual based on distributed share of profit from the business. Which business type does this describe?

501-C3 Non-Profit Corporation

LLC

C Corporation

S Corporation

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