Which of the Following Is true in Regards to a Limited

question 214

Multiple Choice

Which of the following is true in regards to a limited liability company?

• A) Makes up 10% of business organizations in the United States.
• B) Combines the attributes of a partnership and a corporation.
• C) Provides tax and liability advantages to the owners.
• D) All are correct.

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Definitions:

Planetary System

A collection of celestial bodies orbiting a star, including planets, moons, asteroids, and comets.

Earth's Orbit

The path that the Earth follows around the Sun, which is elliptical in shape and takes approximately 365.25 days to complete one full cycle.

Year-round

Occurring, effective, employed, staying, or open all year; not restricted to or by particular seasons.

Rock Cycle

A conceptual framework presenting possible paths and processes to which a rock can be subjected as it moves from one place to another and between different depths within Earth.