menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Taxation for Decision Makers
  4. Exam
    Exam 11: Sole Proprietorships and Flow-Through Entities
  5. Question
    A Limited Liability Company That Has Only One Member Must
Solved

A Limited Liability Company That Has Only One Member Must

Question 14

Question 14

True/False

A limited liability company that has only one member must be taxed as a sole proprietorship.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q9: Duet Co.is a calendar year S Corporation

Q10: Which of the following cannot be taxed

Q11: The entity concept of a partnership views

Q12: To qualify for the real property business

Q13: Manuel purchased a 30% interest in MAC

Q15: Sabrina is single and has taxable income

Q16: Lopez Corporation, an existing C corporation, wants

Q17: Which of the following is not a

Q18: Sarah is a 25% partner in a

Q19: Only 50 percent or more of the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines