A disadvantage of a limited liability company is that it ________.
A) requires earnings to be taxed at the corporate rate
B) must dissolve when an owner leaves the company
C) requires the division of profits in a fixed proportion
D) has more restrictive ownership rules than S corporations
E) is required to hold annual meetings

Question

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The Answer of A disadvantage of a limited liability company is that it ________.
A) requires earnings to be taxed at the corporate rate
B) must dissolve when an owner leaves the company
C) requires the division of profits in a fixed proportion
D) has more restrictive ownership rules than S corporations
E) is required to hold annual meetings

A Disadvantage of a Limited Liability Company Is That It