What is a limited liability company (LLC) and why has it become a popular business entity?

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Fundamentals Of Investing

ISBN: 9781292153988

13th Global Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Question Posted: Apr 04, 2024 05:26 AM

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What is a limited liability company (LLC) and why has it become a popular business entity?

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A limited liability company LLC is a type of business structure that combines the limited liability protection of a corporation with the flexibility and tax advantages of a partnership or sole proprie...View the full answer

Fundamentals Of Investing

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