Limited liability companies (LLC) have an unlimited life span.
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Q31: Partnerships are limited to 35 or fewer
Q32: A corporation is a legal entity with
Q33: Limited partnerships issue stock.
Q34: The most desirable form of business organization
Q35: The most desirable form of business organization
Q37: In a limited partnership, the number of
Q38: If a corporation files for bankruptcy, creditors
Q39: Limited liability companies (LLC) issue stock.
Q40: The liability of all owners in both
Q41: Corporations are required to pay cash dividends
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