The Limited Liability Company (LLC) is a hybrid form of business enterprise that offers the limited liability of the corporation but the disadvantages of a partnership
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Q5: General partners, as agents, are fiduciaries of
Q6: In contrast to proprietorships and partnerships, it
Q7: Most states require at least five incor?porators,
Q8: A corporation is a person under the
Q9: A corporation pays federal income taxes on
Q11: Owners interest is freely transferable in what
Q12: Which of the following is not one
Q13: A sole proprietorship would not be an
Q14: Individuals who want to invest in a
Q15: A _ is not known as a
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