Question: Question 9 1 pts Which statement is TRUE about Limited Liability Companies (LLCs)? O LLCs are one of the oldest forms of ownership in the

 Question 9 1 pts Which statement is TRUE about Limited Liability

Question 9 1 pts Which statement is TRUE about Limited Liability Companies (LLCs)? O LLCs are one of the oldest forms of ownership in the United States, O LLCs are subject to only the federal laws governing operations, making operating in more than one state rather complex LLCs in their most common form are schools and nonprofit organizations. O LLCs can be taxed like a partnership. Question 10 1 pts Which statement about franchising is FALSE? O Franchises offer guaranteed profit margins. Training and support is offered to franchisees. There is less risk with a franchise. Franchisees enjoy the benefit of brand recognition

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