Which of the Following Is True in Regards to a Limited

question 171

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.

---

Definitions:

Fallacious Arguments

Reasoning that contains flaws in logic or premise, leading to invalid conclusions or misleading assertions.

Evaluative Adjectives

Adjectives that express a value judgment or assessment about the noun they modify.

Premises

Statements or propositions upon which an argument is based or from which a conclusion is drawn.

Claims

Statements or assertions made about a belief, policy, or proposition that are typically supported by evidence and reasoning.