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.

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Definitions:

Marry

To enter into a legally recognized union with someone, typically as recognized by law or custom, establishing a partnership that is intimately and socially acknowledged.

Married

A legal or formally recognized union of two people as partners in a personal relationship.

Adolescents

Individuals in the developmental stage of transition from childhood to adulthood, typically ranging from ages 10 to 19, characterized by significant physical, psychological, and social changes.

Suicide

The act of intentionally causing one's own death, often as a response to despair, mental disorder, or distress.