Quia and Rafi form SA,LLC,a limited liability company,to operate Superior Athletics,a fitness center.Compared to a sole pro?prietorship and a general partnership,a limited liability company has limited

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A limited liability company is a business structure that provides personal liability protection to its owners, known as members. This means that the members' personal assets are not at risk if the company is sued or incurs debts. In contrast, sole proprietorships and general partnerships do not offer this protection, and the owners' personal assets can be used to satisfy business debts and obligations. Therefore, the main advantage of forming an LLC is limited personal liability.

Quia and Rafi Form SA,LLC,a Limited Liability Company,to Operate Superior