A limited liability company is:
A) an insurance company.
B) traded on major exchanges.
C) a company with tax consequences similar to a partnership.
D) a limited partnership.
Answer: C) a company with tax consequences similar to a partnership.
A) an insurance company.
B) traded on major exchanges.
C) a company with tax consequences similar to a partnership.
D) a limited partnership.
Answer: C) a company with tax consequences similar to a partnership.