Panther Tech, LLC is a startup engineering and design firm in Florida. Since they are in "startup mode", the members of the LLC made sure to register the business with the Florida Department of Corporations and received a Federal Tax ID number for the business. Panther Tech, LLC will be providing services through one of their Professional Engineers (PE) licensed by the DBPR. Their accountant, Mr. Bean, suggested that they should also take the steps to register their public domain name www.panthertech.com as a trade secret since it is so innovative. Which of the following statements is most correct? A Limited Liability Corporation (LLC) can only be registered in Delaware. All of the members of Panther Tech, LLC must be licensed by the DBPR. A domain name is not protectable as a trade secret. Mr. Bean is a terrible accountant. Panther Tech, LLC wants to review their corporate structure and legal form. They discuss with their accountant, Mr. Bean, the advantages of the LLC orm over other types of legal forms, such as a "sub-S" corporation. One of he advantages to the LLC form over the sub-S form is: in the sub-S form, corporate profits are effectively taxed twice. the sub-S form does not provide "full-shield" insulation of liability for its members. the LLC cannot have a "manager-manager" form of control, whereas that is common for sub-S corporations. the LLC form requires fewer formalities in its operation (minutes, annual meetings, etc.). usiness. The owners of the company want to "give back" to their mployees as an acknowledgement of their hard work. The owners decide issue employee stock options as a bonus to their employees. Which of ne following is a correct statement? In an LLC, preferred stocks have a greater level of protection by providing priority over common shareholders in liquidation. LLC do not have stocks An LLC is a business entity that is owned and run by one individual and, since there is no legal distinction between the owner and the business, he can do whatever he wants. There are no formalities to an LLC, so they can freely issue stock options to the empoyees