An advantage of the limited liability company (LLC) is that the organization is ______.
A) recognized as an independent entity in the eyes of the law
B) not recognized as a legal person and therefore cannot be sued
C) provided tax-exempt status
D) not liable for its own debts
Correct Answer:
Verified
Q1: Which case lays the legal foundation for
Q2: The fact that shareholders have the right
Q3: The regular issuance of quarterly earnings reports
Q5: The great value of _ is that
Q6: How did the introduction of limited liability
Q7: Because many stock trades are governed by
Q8: During the early 20th century, which type
Q9: As the CEO of a publicly traded
Q10: Which of the following is true about
Q11: The Dodge brothers sued Henry Ford because
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