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Which of the following statement(s) is/are correct regarding Limited Liability Companies (LLC) in California? Why? A. They are often used by professionals, such as doctors

Which of the following statement(s) is/are correct regarding Limited Liability Companies ("LLC") in California? Why?

A. They are often used by professionals, such as doctors and lawyers.

B Each member of a California LLC generally are not personally liable for the debts of the LLC. C. LLC's are taxed similar to a general partnership.

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