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Other Fields Homework Help Accounting Topic started by: H3Ko on Aug 27, 2016



Title: Which of the following is a characteristic of a limited-liability company (LLC)?
Post by: H3Ko on Aug 27, 2016
Which of the following is a characteristic of a limited-liability company (LLC)?
A) An LLC must have more than five members.
B) An LLC's life is terminated at any member's choice or death.
C) Each member of an LLC is liable only for his or her own actions.
D) The income of members from an LLC is not taxed.


Title: Re: Which of the following is a characteristic of a limited-liability company (LLC)?
Post by: Mrgo-breed on Aug 27, 2016
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Title: Re: Which of the following is a characteristic of a limited-liability company (LLC)?
Post by: H3Ko on Oct 12, 2016
YES! Can't believe I got this one right. Appreciate the confirmation


Title: Re: Which of the following is a characteristic of a limited-liability company (LLC)?
Post by: Mrgo-breed on Oct 16, 2016
I'm liking this :)