True/False
An LLC is a legal entity with the authority to conduct business in its own name.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q10: Under the RULPA, a limited partner probably
Q11: A limited liability company: _.<br>A) is the
Q12: In every state, LLP partners remain _
Q13: A limited partnership can be formed by
Q14: All of the following statements concerning LLC's
Q16: LLP statutes are designed to permit the
Q17: A court can disregard the LLC entity
Q18: Limited partners may contribute only cash as
Q19: Under the RULPA, a limited partner may
Q20: Owners of an LLC are known as