Which of the following is an advantage of limited liability companies (LLCs) ?
A) They can have any number of owners.
B) The process of formation of an LLC is simple and fast.
C) They are exempted from paying annual franchise tax.
D) They do not need to register as foreign companies when doing business in other states.
Correct Answer:
Verified
Q108: Scoopjoe, an ice cream brand in Wisconsin,
Q109: Which of the following is a challenge
Q110: Which of the following is a difference
Q111: In the context of franchising, which of
Q112: Clareese Trends, a clothing manufacturer, identifies twelve
Q114: A Franchise Disclosure Document (FDD) is:
A) a
Q115: Flaira, a high-end clothing brand in Florida,
Q116: Which of the following is a characteristic
Q117: Which of the following statements is true
Q118: John and Lena sign a contract with
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents