_____________ are companies that are similar to S Corporations but are not restricted with similar eligibility requirements.
A)Regulated equity companies
B)Corporate cooperatives
C)Limited liability companies
D)Private drawing companies

Question

Quizplus · Accepted Answer

Limited liability companies (LLCs) have many of the same benefits of S Corporations, such as pass-through taxation, but they do not have the same eligibility requirements. Anyone can form an LLC, while S Corporations have restrictions on the number of shareholders and types of shareholders.

_____________ Are Companies That Are Similar to S Corporations but Are