Which of the Following Is Not an Advantage of a Limited

question 19

Multiple Choice

Which of the following is not an advantage of a limited liability company (LLC) ?

• A)limited liability for all members of a LLC
• B)ability to choose between taxation as a partnership or corporation
• C)default tax treatment as a corporation,unless otherwise elected
• D)All of the above are advantages of an LLC.

Analyze the operational and managerial challenges leading to diseconomies of scale.

Explain the significance of technological advancements on production costs.

Identify conditions under which a natural monopoly occurs and the role of learning in cost reduction over time.

Understand the components and relevance of intelligence tests, including their reliability, predictive validity, and cultural bias.

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Definitions:

Neolithic Human Skull

A human skull from the Neolithic era, often showing signs of deliberate modification or decoration as part of ancient burial practices or rituals.

Paleolithic Human Skull

A skull from the Paleolithic era, depicting the physical characteristics of early humans from this period.

Plaster

A building material made from water, gypsum, or lime, and sand, used in construction and artworks for coating, molding, and casting surfaces.

Namibia

A country in southern Africa known for its desert landscapes, wildlife, and as the site of ancient human history.