A Limited Liability Company (LLC)is Taxed Like a Partnership but Provides

question 111

True/False

A limited liability company (LLC)is taxed like a partnership but provides limited liability for its owners,similar to a corporation.

---

Definitions:

Java

An object-oriented programming language that has a large set of existing classes.

JavaScript

A programming language commonly used to create interactive effects within web browsers.

File Transfer Protocol (FTP)

A protocol used to upload and download files from one computer to another over the Internet.

E-mail Messages

Digital messages sent electronically from one user to another over a network, primarily using the Internet.