menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Small Business Management
  4. Exam
    Exam 5: Choosing a Form of Ownership
  5. Question
    What Is a Limited Liability Company (LLC)and Why Would an Entrepreneur
Solved

What Is a Limited Liability Company (LLC)and Why Would an Entrepreneur

Question 69

Question 69

Essay

What is a limited liability company (LLC)and why would an entrepreneur choose it as a form of ownership?

Correct Answer:

verifed

Verified

A limited liability company (LLC),like a...

View Answer

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

Related Questions

Q64: One disadvantage of the proprietorship is:<br>A)it is

Q65: Which of the following is true about

Q66: Factors an entrepreneur should consider when choosing

Q67: A corporation formed and chartered in Kansas

Q68: This form of ownership is the same

Q70: While the sole proprietorship is the easiest

Q71: _ have shares that are controlled by

Q72: Like a sole proprietorship,a partnership suffers from

Q73: In a partnership,the general partner(s)share their unlimited

Q74: Silent partners are active in a business

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