Which of the Following Is True in Regard to a Limited

question 9

Multiple Choice

.Which of the following is true in regard 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 legal liability advantages to the owners.
• D) All are correct.

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Definitions:

Ulrich Beck

Ulrich Beck was a German sociologist best known for his work on risk society, individualization, and reflexive modernization.

Transnational Organizations

Entities that operate across multiple countries, transcending national boundaries to achieve their objectives.

Neoliberalism

An economic and political ideology that emphasizes free-market capitalism, deregulation, and a reduction in government spending on social services.

Global Economy

An interdependent economy worldwide where the economies of countries are linked through global trade and financial markets.