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Humanities Legal Studies Topic started by: tnvalerio on Jan 28, 2018



Title: All of the following statements concerning LLC's are incorrect except: ______.
Post by: tnvalerio on Jan 28, 2018
All of the following statements concerning LLC's are incorrect except: ______.
 A) Federal income tax is due on its income as an entity.
 B) Income flows through to the members based on their proportionate interests in the company.
 C) No filing is necessary to form a limited liability company.
 D) All members enjoy unlimited liability.


Title: All of the following statements concerning LLC's are incorrect except: ______.
Post by: Yatesm on Jan 28, 2018
B


Title: All of the following statements concerning LLC's are incorrect except: ______.
Post by: tnvalerio on Jan 28, 2018
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