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It has often been said that limited Liability Companies (LLC's) are the best of all worlds business entity. 1) What advantage does the LLC have

It has often been said that limited Liability Companies (LLC's) are the "best of all worlds" business entity. 1) What advantage does the LLC have over a general partnership? 2) What advantage does the LLC have over a limited partnership? 3) What advantage does the LLc have over a corporation?

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