What makes Limited Liability Companies (LLCs) a popular choice for businesses? A. Shareholders have no personal liability for the debts of the LLC. B. There is an extensive body of law based on court decisions governing LLCs. C. The LLC is not a taxable entity. D. LLCs are a relatively new form of business organization.

Question

What makes Limited Liability Companies (LLCs) a popular choice for businesses?     A. Shareholders have no personal liability for the debts of the LLC.     B. There is an extensive body of law based on court decisions governing LLCs.     C. The LLC is not a taxable entity.     D. LLCs are a relatively new form of business organization.

Murphy · Answer

The Benefits of Choosing an LLC     The correct answer is D. LLCs are a relatively new form of business organization.     Choosing an LLC can offer numerous advantages for businesses and entrepreneurs. Let's delve into the details:

Uncovering the Truth About LLCs

What makes Limited Liability Companies (LLCs) a popular choice for businesses?

The Benefits of Choosing an LLC

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