Multiple Choice
Which of the following is false regarding limited liability companies?
A) Members need not be citizens of the U.S.
B) Limited liability companies have the limited liability of corporations yet may be taxed like partnerships.
C) A limited liability company is formed by filing articles of organization in the state in which members want to establish their LLC.
D) For purposes of jurisdiction, an LLC is considered a citizen of every state in which its members reside.
E) Owners of an LLC are referred to as incorporators.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: In China, which of the following is
Q7: [Car Repair] Gordon and Leo are partners
Q44: Which of the following was the result
Q45: A person who decides to go into
Q46: List the advantages and disadvantages of a
Q47: Brice just finished a residence in internal
Q50: Which of the following would likely be
Q51: Which of the following is the most
Q53: Will Molly likely be held liable to
Q54: In which of the following does the