Which of the Following Is Not Correct with Respect to Limited

Multiple Choice

Which of the following is not correct with respect to limited liability companies?

A) An advantage of an LLC when compared to a C corporation is the ability to pass tax attributes through to the owners.
B) A disadvantage of a partnership when compared with an LLC is the inability of all the owners to have limited liability.
C) An LLC has greater flexibility than does an S corporation in terms of the number of owners,types of owners,and capital structure.
D) All of the above are correct.
E) All of the above are incorrect.