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michlee michlee
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4 years ago
In which of the following ways is a limited liability company like a corporation?

▸ It is directly managed by the owners of the firm.

▸ Both types of firm were created and developed first in the United States.

▸ Both can choose to be considered a partnership for tax purposes.

▸ All of its owners' liability is restricted to their investment in the firm.
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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ccnastopoulosccnastopoulos
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michlee Author
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