menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Exploring Business Study Set 1
  4. Exam
    Exam 3: Selecting a Form of Business Ownership
  5. Question
    A Limited Liability Company (LLC) Combines the Advantages of a Corporation
Solved

A Limited Liability Company (LLC) Combines the Advantages of a Corporation

Question 127

Question 127

True/False

A limited liability company (LLC) combines the advantages of a corporation
and the advantages of a partnership without many of the rules and restrictions
imposed on regular corporations.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q9: In Ben and Jerry's hostile takeover they

Q25: Many people are reluctant to enter into

Q122: If you're asking yourself whether you want

Q123: An acquisition occurs when two companies combine

Q124: With enough employees and annual sales to

Q125: If Scuffy the Tugboat operates as a

Q126: Perhaps the best legal form of organization

Q129: Under the _ form of ownership, the

Q130: If you have the talent to run

Q132: In corporations, the individuals who own and

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines