Which of the Following Statements Regarding Limited Liability Companies Is

question 56

Multiple Choice

Which of the following statements regarding limited liability companies is true?

• A)Just like an S corporation,an LLC member's share of ordinary income is not subject to self-employment taxes.
• B)Just like an S corporation,an LLC is restricted to 100 members.
• C)Because LLCs are a relatively new organizational form,many tax questions concerning their operation have yet to be resolved.
• D)Just like a limited partnership,only LLC members who are not actively involved in the entity's business activities have limited liability for the LLC's debts.

---

Definitions:

Chain Of Infection

A process that describes how an infectious disease is transmitted from one host to another through a series of stages.

Large Bowels

The final section of the digestive system, involved in water absorption and waste formation, also known as the colon.

Physiological Barriers

Obstacles related to the body's physical and biological functions that impede effective communication or treatment.

Lactoferrin

A protein found in milk and other secretions, with antibacterial and anti-inflammatory properties.