How Is the Formation of Limited Liability Companies (LLCs) Similar

Multiple Choice

How is the formation of limited liability companies (LLCs) similar to the formation of corporations?

A) As with corporations, LLCs are not required to file documents.
B) Owners of most LLC are also called stockholders, just like in corporations.
C) Organizers of most LLCs draft an operating agreement, which is similar to the bylaws of a corporation.
D) Similar to corporations, LLCs do not have to pay filing fees for incorporating the articles of organization.