Which of the Following Is an Advantage of a Limited

question 9

Multiple Choice

Which of the following is an advantage of a limited liability company compared to a partnership?

• A) Unlike a partnership, the members of a limited liability company cannot participate actively in management of the business.
• B) Unlike a partnership, the members of a limited liability company are not personally liable for the business's debts.
• C) Unlike a partnership, the members of a limited liability company are taxed at the business level and are double-taxed.
• D) Unlike a partnership, the members of a limited liability company do not need to file articles of organization with the state.

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Definitions:

Parenchymal Tissue

This type of tissue constitutes the functional parts of an organ in the body, as opposed to the supportive or connective tissues.

Water Conduction

Water conduction refers to the process of transporting water and dissolved nutrients throughout a plant or other organism.

Sclerenchyma Cells

Thick-walled, rigid cells that provide structural support to plants and are characterized by their high lignin content.

Sclereids

Specialized thick-walled cells found in plants that provide support and protection, contributing to the hardness of nuts and seeds.