Which of the following is true of an LLC?
A) An LLC is a creature of federal law.
B) An LLC is regarded as a separate legal entity.
C) An LLC cannot hold title to property.
D) The owners of an LLC are called general partners or specific partners.
Correct Answer:
Verified
Q2: Which of the following is true of
Q3: A(n)_ refers to an agreement among members
Q6: Which of the following best defines the
Q16: An LLC that was organized in Alabama
Q19: An LLC is a _ in the
Q32: Which of the following is true of
Q36: An LLC is a(n)_.
A)unincorporated business entity
B)incorporated business
Q51: Which of the following is true of
Q52: In which of the following cases does
Q60: Philip and Deborah form an LLC.Philip contributes
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