Question: Why do LLCs often have problems borrowing funds for business growth? Because members of the LLC cannot legally authorize the business to create debt or

Why do LLCs often have problems borrowing funds for business growth?

  • Because members of the LLC cannot legally authorize the business to create debt or to borrow money

  • Because an LLC can only issue stock certificates to members of the company

  • Because the partners and directors of the LLC do not share responsibility for the debts of the LLC

  • Because the members of the LLC are not personally liable for the debts and loans received by the LLC

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