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:

P Wave

The initial wave on an electrocardiogram representing atrial depolarization, or the electrical activity that triggers atrial contraction.

QRS Complex

A series of deflections in an electrocardiogram representing the electrical activity associated with the ventricular contraction.

Ventricular Contraction

The phase of the cardiac cycle where the ventricles contract, pumping blood out of the heart into the pulmonary and systemic circuits.

Stroke Volume

The volume of blood pumped out by the left ventricle with each heartbeat.