Which of the following is a recognized disadvantage of an LLC?
A) State statutes are not uniform.
B) Members are not personally liable for the LLC's debts and obligations.
C) The LLC has continuity beyond the death of a member or members.
D) The LLC can include foreign investors.
Correct Answer:
Verified
Q90: Issues addressed in an LLC operating agreement
Q91: Unless a limited liability company has specified
Q92: Unless an LLC has specified otherwise in
Q93: Which of the following is an incorrect
Q94: The owners of a limited liability company
Q95: Which of the following is a recognized
Q96: The limited liability company (LLC) allows entrepreneurs
Q97: Members of an LLC should have that
Q98: Which of the following is a correct
Q99: Which of the following is true of
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