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:

Rebellion

An act of resistance or defiance against established authority or conventional norms, often seen during adolescence.

Delinquency

Illegal or antisocial behaviors typically committed by minors, ranging from minor infringements to serious crimes.

Long-term Prospects

Future opportunities or potential, typically considered over an extended period, suggesting stability or growth.

Delinquent Adolescents

Young individuals, typically in their teenage years, who engage in illegal or antisocial behaviors.