A Limited Liability Company Differs from an S-Corporation In

question 87

Multiple Choice

A limited liability company differs from an S-corporation in:

• A)that it is not subject to the same amount of restrictions.
• B)its ability to attract and accumulate capital.
• C)that ownership is not transferable through the sale of stock.
• D)that it is limited to only one class of stock.

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Definitions:

Price Level

A measure of the average prices of goods and services in an economy at a given time.

Federal Deregulation

The process of removing government restrictions and rules in industries to increase efficiency and competition.

Interest Rates

The amount charged by lenders to borrowers for the use of money, expressed as a percentage of the principal, typically over a one-year period.

Existing Loans

Financial obligations that are currently outstanding and have not yet been repaid.