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Which of the following BEST explains the difference between a corporation and an LLC? a) LLCs are limited to 100 shareholders. b) LLC owners are

Which of the following BEST explains the difference between a corporation and an LLC?
a) LLCs are limited to 100 shareholders.
b) LLC owners are called members.
c) LLC passive income limit is 25%.
d) LLCs require an annual report.

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