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How Does an S-Corporation Differ from a Limited-Liability Company? Does

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Essay

How does an S-corporation differ from a limited-liability company? Does an LLC type of ownership appeal to you? Explain your answer.


Definitions:

Registered

Officially recorded or enlisted on an official list or directory.

Lease of Over Three Years

A legal agreement granting possession and use of property for a period exceeding three years, subject to specific conditions.

Landlord

An individual or entity that owns property and permits another party to use it in exchange for rent.

Parcel of Land

A parcel of land is a specific piece or tract of land, often defined by boundaries for purposes of ownership, development, or sale.

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