The origins of LLPs were rooted in protection of
A) private service firm partnerships.
B) private service firm sole proprietorships.
C) professional service firm partnerships.
D) professional service firm sole proprietorships.
Correct Answer:
Verified
Q45: Carlos is a member of an LLC
Q46: In 1997,the IRS made LLCs
A) more attractive
Q47: Typically,day-to-day decision making in a manager-managed LLC
Q48: An LLC offers principals the same liability
Q49: LLPs are formed with the filing of
Q51: LLPs were created to
A) limit the taxation
Q52: The ability to distribute earnings without incurring
Q53: The first LLP legislation was enacted in
A)
Q54: Several people have decided to go into
Q55: Voting rights of LLC principals are governed
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