A ____ is a business organization that is treated like a corporation for liability purposes but like a partnership for federal tax purposes.
A) limited liability company
B) limited liability corporation
C) restricted liability company
D) no liability company
E) nonprofit company
Correct Answer:
Verified
Q355: The process of settling the accounts and
Q356: A limited liability company:
A) is chartered by
Q357: There are two types of dissolution of
Q358: A limited liability company:
A) is taxed like
Q359: A _ is a business organization that
Q361: Usually the members of a limited liability
Q362: To create a limited liability company, creators
Q363: In In re 1545 Ocean Avenue, LCC,
Q364: The company name, the address of the
Q365: According to the IRS, a limited liability
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