The Low-Profit Limited Liability Company is not viewed as a legitimate business form by many states in the United States. Which one of the following statements best describes why?
A) The owners of Low-Profit Limited Liability Companies often have bad intentions.
B) Low-Profit Limited Liability Company businesses are not able to expand.
C) Low-Profit Limited Liability Company businesses pay lower taxes.
D) The Low-Profit Limited Liability Company provides limited reports to stakeholders.
Correct Answer:
Verified
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