An Owner of an LLC Is Always Doubly-Taxed on Income

question 49

True/False

An owner of an LLC is always doubly-taxed on income.

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Abstract Class

A class that cannot be instantiated and is designed to be subclassed, often containing abstract methods that must be implemented by its subclasses.

RGB

RGB stands for Red, Green, Blue, and is a color model used to represent and display images in electronic systems, such as televisions and computers, by combining these three colors.

Stands

Generally refers to what a term or concept represents or its position on an issue; in programming, it might not directly apply as a specific term.

Applet

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