Some business owners prefer to operate as a limited liability company (LLC) rather than an S-corporation for the following reason:
A) unlike an S-corporations, a LLC's earnings are taxed at the personal level when
B) unlike an S-corporation, stockholders in a LLC are not personally liable for
C) the LLC form of organization does not have as many rules and regulations as
D) unlike an S-corporation, the LLC pays corporate taxes on its earnings
Correct Answer:
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