Which of the Following Is NOT an Essential Characteristic of a Limited

question 5

Multiple Choice

Which of the following is NOT an essential characteristic of a limited liability company (LLC) ?

• A)The LLC can elect to be taxed as a partnership or a corporation.
• B)Members' ownership interest is completely and freely transferable.
• C)Members have limited liability for the obligations of the LLC.
• D)The bankruptcy of one member does not dissolve the LLC.

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Definitions:

Myosin

A type of protein found in muscle fibers that interacts with actin to convert chemical energy into mechanical energy, leading to muscle contraction.

Titin

A giant protein that functions as a molecular spring, contributing to the passive elasticity of muscle.

Muscle Fiber

An individual muscle cell, essential for producing force and movement through contraction.

Muscle Cell

A cell specialized for contraction, facilitating movement and support in the body, also known as a myocyte.