Which of the Following Is a Characteristic of a Limited-Liability

question 190

Multiple Choice

Which of the following is a characteristic of a limited-liability company (LLC) ?

• A) An LLC's life is terminated at any member's choice or death.
• B) Each member of an LLC is liable only for his or her own actions.
• C) An LLC must have more than five members.
• D) The earnings of an LLC are subject to double taxation.

---

Definitions:

Dementia

A chronic or persistent disorder of the mental processes caused by brain disease or injury, marked by memory disorders, personality changes, and impaired reasoning.

Eating Disorder

A range of psychological disorders characterized by abnormal or disturbed eating habits, such as anorexia nervosa or bulimia nervosa.

Delusion

A false belief held with strong conviction despite superior evidence to the contrary, often due to a psychological disorder.

Dissociative Disorder

A mental health condition characterized by a disconnection and lack of continuity between thoughts, memories, surroundings, actions, and identity.