One of the newer forms of business is a:

Question

Quizplus · Accepted Answer

Limited Liability Companies (LLCs) are the newest form of business entity. They provide the liability protection of a corporation and tax flexibility of a partnership. The owners of an LLC are called members and they are not personally liable for the debts or liabilities of the company. This means that their personal assets are protected from business-related lawsuits or debts. Additionally, LLCs have less formalities and less administrative requirements than corporations, making them easier to operate.

One of the Newer Forms of Business Is A