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Which statement is true? a. LLCs cannot have earnings pass through as personal income. b. LLCs are ideal for joint ventures. c. S-type corporations can

Which statement is true?

a.	LLCs cannot have earnings pass through as personal income.
b.	LLCs are ideal for joint ventures.
c.	S-type corporations can be partially owned by other corporations
d.	LLCs can only be owned by people and not other corporations

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