Which of the following forms of business offers limited personal liability to owners as well as the choice to be taxed as either a corporation or as a partnership?
A)Limited liability partnership
B)Limited liability company
C)Corporation
D)Proprietorship
E)Partnership

Question

Quizplus · Accepted Answer

A limited liability company (LLC) offers limited personal liability to its owners and allows them to choose how they want their company to be taxed, as either a corporation or partnership. This makes it a versatile and appealing option for many business owners.

Which of the Following Forms of Business Offers Limited Personal