Limited Liability Company | LLC Overview, Meaning & Examples
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Study.comAshley Dugger
Limited Liability Company | LLC Overview, Meaning & Examples
Learn the limited liability company definition, see limited liability company examples, read why LLCs are important, and explore advantages and disadvantages.
174K viewsDec 4, 2013
Limited liability company How to Form a LLC
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Which of the following statements is true of a limited liability company (LLC)?A. It offers less flexibility than a corporation in terms of tax treatment.B. It is by far the most common type of business organization in the United States.C. It is a relatively new form of business ownership in the United States.D. It is not required to hold regular board meetings.
Which of the following statements is true of a limited liability company (LLC)?A. It offers less flexibility than a corporation in terms of tax treatment.B. It is by far the most common type of business organization in the United States.C. It is a relatively new form of business ownership in the United States.D. It is not required to hold regular board meetings.
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