____ is a relatively new business structure that is a hybrid between a partnership and a corporation.
A) Limited liability corporation
B) Limited liability company
C) Limited liability proprietorship
D) Limited partnership

Question

Quizplus · Accepted Answer

This is because a limited liability company (LLC) is a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.

____ Is a Relatively New Business Structure That Is a Hybrid