A limited liability company LLC)cannot choose how it wishes to be taxed.
Correct Answer:
Verified
Q17: Most corporations incorporate where their principal place
Q18: Choosing a business organization is a "one
Q19: Limited partners are generally prohibited from participating
Q20: Incorporation allows more flexibility in carrying out
Q21: Outside board members for a corporation's board
Q23: Unlike sole proprietorships,corporations can be complicated to
Q24: LLCs are the right form for taking
Q25: The infrequent meetings held by Boards necessitate
Q26: All states give shareholders the right to
Q27: Articles of incorporation are similar across all
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