Question: The primary difference between an LLC and a corporation is: A. An LLC has shareholders. B. An LLC requires piercing of the corporate veil to

The primary difference between an LLC and a corporation is:

A. An LLC has shareholders.
B. An LLC requires piercing of the corporate veil to impose liability.
C. An LLC is taxed like a partnership, but has the limited liability of a corporation.
D. An LLC is not bound by state law.

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