Which of the Following Is True of a Limited Liability

question 51

Multiple Choice

Which of the following is true of a limited liability company?

• A)A limited liability company is not obliged to file the articles of organization with the state.
• B)The owners of a limited liability company are personally liable for the business's debts.
• C)A limited liability company can elect not to pay business income tax.
• D)The owners of a limited liability company cannot participate actively in management of the business.

---

Definitions:

NADH Reductase

An enzyme involved in the electron transport chain that helps in the transfer of electrons from NADH to other molecules.

Hydrogen Ions

Positively charged ions (H+) that play a significant role in chemical reactions, pH balance, and cellular processes.

Electron

Negative subatomic particle, moving about in an energy level around the nucleus of an atom.

Aerobic Respiration

The process of producing cellular energy involving oxygen by breaking down organic molecules.