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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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