Question
Select either True or False for each of the following statements regarding the advantages and disadvantages of doing business as an LLC. a. All members
Select either "True" or "False" for each of the following statements regarding the advantages and disadvantages of doing business as an LLC.
a. All members in an LLC have limited liability.
b. An LLC is not subject to the security laws that corporations may have to comply with.
c. Most legal uncertainties have been resolved for the LLC, similar to older types of business entities.
d. There is no limit on the numbers or kinds of owners who may have an interest in an LLC as there is for an S corporation.
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Step: 1
a All members in an LLC have limited liability True An LLC is formed by registering with a US state by filing articles of organization or similar document depending on the state The federal government ...
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Introduction to Operations Research
Authors: Frederick S. Hillier, Gerald J. Lieberman
10th edition
978-0072535105, 72535105, 978-1259162985
