In States Where an LLC May Be Organized by Only

question 17

Multiple Choice

In states where an LLC may be organized by only one member, ________ can obtain the benefit of the limited liability shield of an LLC.

• A)corporations
• B)sole proprietors
• C)LLPs
• D)general partnerships

---

Definitions:

Dualistic Thinking

A cognitive tendency to see situations and issues in black and white, categorizing concepts as either/or without acknowledging complexities.

Relativistic

Pertaining to the concept that points of view have no absolute truth or validity, having only relative, subjective value according to differences in perception and consideration.

Pragmatic Thought

A mode of thinking concerned with practical matters and the application of ideas and theories to solve problems or achieve goals.

Reflective

Thoughtful consideration of one's experiences and actions.