Most of theAll limited liability company shareholders must take active roles in managing the company.

Question

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Limited liability companies (LLCs) allow for pass-through taxation and provide liability protection for their members, but they do not require all shareholders to take active management roles. LLCs can be managed by the members themselves or by appointed managers, and some members may choose to be passive investors without any management responsibilities. Therefore, not all LLC shareholders have to be involved in managing the company.

Most of TheAll Limited Liability Company Shareholders Must Take Active