Which of the following offers the tax advantages of a partnership and the liability advantages similar to a corporation,while also allowing for unlimited shareholders?
A)A joint partnership
B)A limited partnership
C)A limited liability company
D)A corporate partnership
E)A cooperative

Question

Quizplus · Accepted Answer

A)A limited liability company combines the tax advantages and management
flexibility of a partnership with the limited liability of a corporation.
B)A limited liability company combines the tax advantages and management flexibility of a partnership with the limited liability of a corporation.
C)A limited liability company combines the tax advantages and management flexibility of a partnership with the limited liability of a corporation.
D)A limited liability company combines the tax advantages and management flexibility of a partnership with the limited liability of a corporation.
E)A limited liability company combines the tax advantages and management flexibility of a partnership with the limited liability of a corporation.

Which of the Following Offers the Tax Advantages of a Partnership