A limited liability company can sue or be sued,enter into contracts,and hold title to property.

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Quizplus · Accepted Answer

This is correct. A limited liability company (LLC) is a legal entity that can enter into contracts, conduct business, sue or be sued, and hold title to property. As a separate legal entity, the LLC's liabilities are generally limited to its own assets, and the personal assets of its members are typically protected from business debts and obligations.

A Limited Liability Company Can Sue or Be Sued,enter into Contracts,and