In the Context of the Continuity of Limited Liability Companies

question 75

Multiple Choice

In the context of the continuity of limited liability companies (LLCs) ,which of the following statements is true?

• A) Membership in LLCs is limited to individuals.
• B) In an LLC, a business organization can be an owner.
• C) An LLC dissolves when the number of shareholders falls below 100.
• D) LLCs cannot be dissolved unless the owner of the LLC dies.
• E) In an LLC, only the government can dictate when the company can be dissolved.

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