A Limited Liability Company Is Essentially

question 35

Multiple Choice

A limited liability company is essentially:

• A)a limited partnership without limited partners.
• B)a limited partnership without a general partner.
• C)just another name for a limited partnership.
• D)just another name for a corporation.

---

Definitions:

Leanest

Referring to the most efficient and effective state of an operation with minimal waste.

Communication Medium

The method or channel through which communication occurs, such as email, telephone, or face-to-face conversations.

Multimedia Presentations

A method of presenting information or content that incorporates multiple forms of media, such as text, audio, images, animations, or video.

Oral Medium

A method of communication where information is transmitted through spoken words.