ETHICS Corporations developed to encourage investors to contribute the capital needed to create large-scale manufacturing enterprises. But LLCs are often startups or other small businesses. Why do their members deserve limited liability? Is it fair that LLCs do not pay income taxes?

NOTE:

-This problem is from Chapter 20 of Textbook: Introduction to Business Law, 6th Edition Jeffrey F. Beatty; Susan s. Samuelson: Patricia Sanchez Abril ISBN-10:1-337-40434-1