A small law firm that is NOT registered as a _________ limited liability company is likely to be a or a _________ .

Question

Quizplus · Accepted Answer

A small law firm not registered as a specific type of limited liability company is likely to be a sole proprietorship if owned by one person or a partnership if owned by multiple people. These are common structures for small businesses that do not opt for the formalities and protections of a corporation or LLC.

A Small Law Firm That Is NOT Registered as a _________