A Limited Liability Company with No Specified Term Is A(n)________

question 11

Multiple Choice

A limited liability company with no specified term is a(n) ________ LLC.

• A) unlimited
• B) open-ended
• C) durable
• D) at-will
• E) permanent

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Definitions:

Retirement

The phase of life where an individual ceases full-time employment, typically associated with reaching a certain age or financial status.

Benefit Packages

A collection of non-wage compensations provided to employees on top of their normal salaries, which may include health insurance, retirement plans, vacation, and other perks.

Manufacturer

An individual, business, or entity that produces finished goods from raw materials through the use of tools, human labor, and machinery.

Leather Handbags

High-quality bags made from the skin of animals, specifically designed for carrying personal items, known for their durability, aesthetic appeal, and often considered a fashion statement.