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Why is an LLC an attractive form of business organization for many new companies? Because it is a relatively simple way of establishing and operating

Why is an LLC an attractive form of business organization for many new companies?

Because it is a relatively simple way of establishing and operating a business while limiting the risk taken by its members

Because neither LLCs nor their members must pay taxes on earnings

Because lenders are particularly willing to lend money to LLCs, since they are a very stable type of business

Because, although they are more complicated to manage than corporations, they provide greater protection from risk

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