True/False
To form an LLC,both a charter and an operating agreement must be filed with the secretary of state in the jurisdiction where the business will operate.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q17: Charles and Ellen,an unmarried couple,run an ice
Q18: Which is an advantage of a sole
Q19: A limited liability company,unlike an S corporation,can
Q20: When a partner leaves the partnership,whether it
Q21: An organization that does not pay income
Q23: Alan,a dentist,and his wife Martha,an attorney,can protect
Q24: Most franchisors and franchisees are<br>A)partnerships.<br>B)sole proprietorships.<br>C)corporations or
Q25: Limited liability is a major advantage of
Q26: The most common form of business ownership
Q27: Social enterprises are organizations that pledge to