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The Grant Company is a limited liability company (LLC). Which one of the following most accurately describes this form of business entity? Available answer options
The Grant Company is a limited liability company (LLC). Which one of the following most accurately describes this form of business entity? Available answer options Select only one option A The company is similar to a corporation as the owners' personal assets are legally at risk. B LLCs' enabling laws are consistent throughout all the states and dissolve like a partnership. C Members, as well as the LLC itself, are taxed, creating a double tax at the corporate level. D The company is similar to a partnership in that it is made up of members and managers
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