A Limited Liability Company (LLC)is Taxed Like a Partnership but Provides

question 111

True/False

A limited liability company (LLC)is taxed like a partnership but provides limited liability for its owners,similar to a corporation.

---

Definitions:

Homo Heidelbergensis

Early humans living from about 600,000 to 300,000 years ago; some scientists believe that fossils classified as Homo antecessor should be included in Homo heidelbergensis.

H. Antecessor

An extinct human species or subspecies from the Early Pleistocene of Europe, considered one of the early ancestors of modern humans.

Anatomically Modern

Describes humans who share the same range of physical characteristics as contemporary humans, typically relating to Homo sapiens species.

Homo Sapiens

The scientific name for modern humans, characterized by their ability for complex language and social structures.