In general,for what purpose(s) can an LLC be formed?
A) only to practice a profession,such as accountancy or medicine
B) only for the stated purposes in the Uniform Limited Liability Company Act
C) only for the purposes that the Internal Revenue Service has recognized as valid LLC purposes
D) for any lawful purpose
Correct Answer:
Verified
Q48: A limited liability company with more than
Q49: Which of the following is true about
Q50: Based on management method,LLCs can be classified
Q51: Based on duration,all LLCs can be classified
Q52: Which of the following is a reason
Q54: If an LLC fails to follow formalities
Q55: Which of the following is not true
Q56: If a member of an LLC executes
Q57: Which of the following is true about
Q58: The terms to describe an LLC from
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents