Which of the following is true of an LLC (limited liability company) formation?

A) Doctors and lawyers cannot operate practices as LLCs.
B) An LLC has to be organized in every state that it operates.
C) "LC" cannot be used to denote an LLC.
D) An LLC is a creation of federal law.


A

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Answer the following statement true (T) or false (F)

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Which of the following is NOT an example of post-transaction costs?

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