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hi, pls ans questions 11-15, thanks! Question 11 (2.5 points) Which of the following is a disadvantage of doing business as an LLC? a. Compared
hi, pls ans questions 11-15, thanks!
Question 11 (2.5 points) Which of the following is a disadvantage of doing business as an LLC? a. Compared to other business entities, the LLC is taxed more heavily by the IRS. b. An LLC requires the participation of several owners, which can sometimes complicate day-to-day business decisions. c. Existing court decisions addressing LLC issues and formation are relatively undeveloped, which may lead to legal uncertainty when making business decisions. d. Individual members of the LLC can never bind the LLC in a valid and enforceable contract. Question 12 (2.5 points) The provides the least personal liability protection for investors. a. LLC b. Corporation c. General partnership d. Limited partnership Question 13 (2.5 points) A(n) is issued when an agency is responding to a question from a business about the application of a specific agency rule. a. award b. binding, but reviewable, decision c. opinion letter d. decree Question 14 (2.5 points) Congress passed the Act as a means to create uniformity and fairness in dealing with federal administrative agencies. a. Occupational Safety and Health b. Equal Protection c. Administrative Procedures is an enactment by Congress creating a federal administrative agency. a. Congressional intent b. Federal authorization c. Enabling legislation d. Checks and balances Step by Step Solution
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