In States Where an LLC May Be Organized by Only

question 8

Multiple Choice

In states where an LLC may be organized by only one member, ________ can obtain the benefit of the limited liability shield of an LLC.

• A) corporations
• B) sole proprietors
• C) LLPs (limited liability partnerships)
• D) general partnerships

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Definitions:

Influenced By Experiences

Being Influenced By Experiences refers to the way direct encounters or interactions shape one's attitudes, behaviors, and understanding of the world.

Self-reward

A process where individuals give themselves a reward or positive reinforcement upon achieving a goal or completing a task.

Behaviourism

A psychological theory that studies observable behavior as the primary source of scientific information, disregarding the importance of mental states.

Objectively Observed

A manner of observation that is based on unbiased facts and evidence, devoid of personal feelings, interpretations, or prejudice.