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What Are the Disadvantages of a Limited Liability Company (LLC)

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What are the disadvantages of a limited liability company (LLC)?


Definitions:

Igbo

An ethnic group native to the present-day south-central and southeastern Nigeria; known for their rich culture, history, and for the role they have played in Nigeria's pre-colonial and post-colonial periods.

Omu and Obi

Traditional titles and roles within certain Nigerian communities, often associated with leadership, spiritual, and societal duties.

Ruling Married Pair

A couple in positions of authority who are married to each other and jointly rule a political entity or region.

Paramount Chiefs

The highest-ranking leaders in hierarchical systems of tribal leadership, often possessing both political and spiritual authority over their communities.

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