Examlex
Which statement below is incorrect?
LLC
A Limited Liability Company, a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.
Double Taxed
The imposition of two or more taxes on the same income, asset, or financial transaction.
Syndicate
A syndicate is a group of individuals or organizations combined to promote some common interest, often in business or investing.
Raise Money
The act of collecting funds for a purpose, which can involve various methods such as loans, investments, or donations.
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