Bill is considering forms of business organization for his Web site consult?ing firm. Most states require that a limited liability company have at least

Question

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Most states require that a limited liability company have at least one member. Option A of having no members is not possible as LLC stands for Limited Liability Company and it must have at least one member. Option C of having two members or option D of having three members including at least one general partner are not mandatory requirements for starting an LLC.

Bill Is Considering Forms of Business Organization for His Web