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Which of the Following Is Not True About Limited Liability

Question 55

Multiple Choice

Which of the following is not true about limited liability companies under the Uniform Limited Liability Company Act?


A) Limited liability companies can be formed with only one member.
B) Limited liability companies can only be taxed as partnerships.
C) A limited liability company must use the words "limited liability company" in its name or use "LLC" or "LC."
D) In order to form a limited liability company,articles of organization must be filed with the state.

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