Question: Discussion Question 13-2 (LO. 1) Select either Yes or No to indicate whether the following advantages are applicable to a limited liability company and/or to

Discussion Question 13-2 (LO. 1) Select either "Yes" or "No" to

Discussion Question 13-2 (LO. 1) Select either "Yes" or "No" to indicate whether the following advantages are applicable to a limited liability company and/or to an S corporation. Limited Liability Company S Corporation a. Has limited liability. b. Provides the greatest flexibility in terms of the number of owners. c. Taxed as (or similar to) a partnership d. Losses can be passed through and deducted by the owners

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