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Which of the following statements about LLC's is true? a. LLC's are one of the oldest forms of business organization. b. The profits of LLC's

Which of the following statements about LLC's is true?

a. LLC's are one of the oldest forms of business organization.

b. The profits of LLC's are taxed at the entity level.

c. The profits and losses of LLC's pass through to the owners for tax purposes.

d. Venture capital funds are the primary investors in LLC's.

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