Limited liability companies are treated as an artificial person who can sue or be sued,enter into and enforce contracts,hold title to and transfer property,and be found civilly and criminally liable for violations of law.

Question

Quizplus · Accepted Answer

This statement is true. Limited liability companies (LLCs) are legal entities separate from their owners, which allows them to conduct business activities and be held liable for them.

Limited Liability Companies Are Treated as an Artificial Person Who