Which of the following is a similarity between a public corporation and a limited liability company?

Question

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Both a public corporation and a limited liability company offer limited liability protection to their owners, meaning that owners are only liable for the loss of their capital contribution in the event of bankruptcy or other financial issues. However, A is incorrect as a public corporation can have an unlimited number of owners, B is incorrect as owners of a limited liability company may not necessarily have control over daily management decisions, and D is incorrect as the taxation of profits and dividends can differ between a public corporation and a limited liability company.

Which of the Following Is a Similarity Between a Public