A Limited Liability Company with More Than One Member Is

question 24

Multiple Choice

A limited liability company with more than one member is taxed as a partnership:

• A) in all circumstances
• B) only if at least four of six listed attributes are present in the limited liability company
• C) only if no more than four of six listed attributes are present in the limited liability company
• D) only if all six listed attributes are present
• E) if the limited liability company has not elected to be taxed as a corporation

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