One Reason Limited Liability Companies Have Become So Popular Is

Multiple Choice

One reason limited liability companies have become so popular is that they

A) can be taxed either as a corporation or as a partnership, so owners can choose the tax treatment that is most advantageous for their situation.
B) allow owners to sell their interests in the company without requiring approval from other owners.
C) have unlimited life.
D) permit owners to avoid paying self-employment taxes on the company's profits.