Although a limited liability company may be the best organizational
Although a limited liability company may be the best organizational form for most businesses, a significant number of firms may be better off as a corporation or some other form of organization. (See page 759.)
a) The first group will outline several reasons why a firm might be better off as a corporation than as an LLC.
b) The second group will discuss the differences between corporations and LLCs in terms of their management structure.

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