In a limited-liability company,the ________.

Question

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In a limited-liability company (LLC), the members are not personally liable for the entity's debts. The business itself pays taxes on its earnings, but the members will also typically pay tax on their share of the profits (like in a partnership). However, members are generally not liable for each other's actions, only for their own actions in the company. Therefore, the best choice is D, members pay tax on their share of earnings.

In a Limited-Liability Company,the ________