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The primary difference between an LLC and a corporation is: A. An LLC has shareholders. B. An LLC requires piercing of the corporate veil to
The primary difference between an LLC and a corporation is:
| A. An LLC has shareholders. |
| B. | An LLC requires piercing of the corporate veil to impose liability. |
| C. | An LLC is taxed like a partnership, but has the limited liability of a corporation. |
| D. | An LLC is not bound by state law. |
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