Which of the Following Is Not an Advantage of a Limited

question 19

Multiple Choice

Which of the following is not an advantage of a limited liability company (LLC) ?

• A)limited liability for all members of a LLC
• B)ability to choose between taxation as a partnership or corporation
• C)default tax treatment as a corporation,unless otherwise elected
• D)All of the above are advantages of an LLC.

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Definitions:

Emotional Labels

Terms or phrases used to describe and categorize feelings and emotions.

Westernized Cultures

Societies influenced by Western European and North American cultural norms, often characterized by individualism and modern values.

Facial Expressions

Nonverbal cues that convey emotions, feelings, or intentions through movements and positions of the facial muscles.

Gestures

Movements of the body or limbs that express ideas or meanings, often used in communication.