Question: Question 3 4 ( 7 points ) Select ALL of the main advantages of an LLC over an S - Corp Members can share income,

Question 34(7 points)
Select ALL of the main advantages of an LLC over an S-Corp
Members can share income, profit, expense, deduction, loss and credit, and equity of the LLC among themselves
LLC partners can chase investors through private data accessible or obtainable through the venture without fear of violating confidentiality laws q, Partners in an S-Corp are responsible for resolving conflicts among owners and shareholders which is prohibited for partners in an LLC
 Question 34(7 points) Select ALL of the main advantages of an

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!