A limited liability company differs from an S-corporation in:
A)that it is not subject to the same amount of restrictions.
B)its ability to attract and accumulate capital.
C)that ownership is not transferable through the sale of stock.
D)that it is limited to only one class of stock.

Question

Quizplus · Accepted Answer

A limited liability company (LLC) is not subject to the same amount of restrictions as an S-corporation, such as limitations on the number and type of shareholders.

A Limited Liability Company Differs from an S-Corporation In