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LLC
Limited Liability Company; a business structure in the United States that protects its owners from personal responsibility for its debts or liabilities.
Share Profits
The division of net profits among the shareholders or partners of an organization.
Losses
Financial reductions or negative outcomes typically resulting from expenses surpassing revenues or due to the decrease in value of an asset.
Limited Liability Company
A corporate configuration that unites the straightforward tax treatment of sole proprietorships or partnerships with the limited personal liability characteristic of corporations.
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