Identify a true statement about a limited liability company $($LLC$).$

A limited liability company can have more than one type of stock $($ownership interest$)$ outstanding.

A limited liability company can be taxed as a corporation only.

Only one of the owners of a limited liability company can participate in the management of the business.

A limited liability company can have no more than $100$ stockholders.

One of the owners of a limited liability company must be designated as a general partner with unlimited personal financial liability.