Which of the Following Is NOT True About a Limited

question 11

Multiple Choice

Which of the following is NOT true about a limited liability company?

• A) It is a noncorporate business organization.
• B) In most states, an LLC must have at least two members.
• C) It may elect not to be a separate taxable entity.
• D) An ownership interest may be considered a security.

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Definitions:

Nursing Responsibilities

Duties and tasks that are part of the nursing profession, encompassing patient care, education, and advocacy.

Strengthen Relationships

Actions or efforts made to improve the bond, communication, and understanding between individuals or within groups.

Hospital

A healthcare institution providing patient treatment with specialized staff and equipment.

Stress Overload

A condition where the demands on an individual exceed their ability to cope, leading to significant stress and potential health issues.