By law, providers of personal services such as doctors and lawyers cannot set-up their businesses as limited liability companies.

Question

Quizplus · Accepted Answer

Providers of personal services such as doctors and lawyers can form their businesses as limited liability companies in most states. However, there may be some state-specific regulations and restrictions on this. It is advisable to consult with a legal professional for guidance in setting up a business entity.

By Law, Providers of Personal Services Such as Doctors and Lawyers