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Distinguish which of the following is an advantage of limited liability companies (LLCs) over corporations.
a) Only one member of a LLC must have unlimited liability as compared with corporations in which all shareholders have unlimited liability.
b) LLCs can be formed without any specific steps being taken by the owners as compared with corporations that must file Articles of Incorporation with the State.
c) In most cases, a LLC can choose whether to be taxed as a partnership or corporation, as compared with corporations that are subject to double corporate taxation.
d) LLCs can choose whether to sell shares publically to investors, as compared to private corporations that must sell shares publically to investors.
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Ques. 1) Which of the following is not an advantage of the corporate form of business organization?
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Can someone help me figure this one out? Which firm will have a higher level of economic performance?
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A one page of Current ethical and/or legal issues surrounding Amazon as it relates to their processes and assembly?
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