Which of the Following Is Not an Advantage of a Limited

question 450

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

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Definitions:

Ring Oxygen

An oxygen atom that is incorporated into a cyclic structure, often contributing to the ring's chemical properties.

Haworth Structure

A way of representing cyclic sugars as planar rings, focusing on the arrangement of hydroxyl groups around the ring, used in carbohydrate chemistry.

β-D-Glucopyranose

A chemical structure of glucose in its cyclic form, where the glucose molecule forms a six-membered ring, with the hydroxyl group on the first carbon in the beta configuration.

α-D-Ribofuranose

A sugar derivative where the pentose sugar ribose is in its furanose form (a five-membered oxygen-containing ring) and has a specific orientation (alpha) of the hydroxyl group attached to the anomeric carbon.