Which of the following is true for a Limited Liability Company (LLC)?
A) Business income is taxed at the individual's personal rate.
B) The company is limited in its liability.
C) Business income is taxed at the corporate rate.
D) The owners have unlimited liability.
E) None of the above.
A
You might also like to view...
The salesperson should personally inspect all equipment and products before a sales presentation to ensure everything is working properly
Indicate whether the statement is true or false
Which of the following is FALSE concerning the chronological résumé?
a. It is the traditional organization format for résumés. b. Reverse chronological order for dates is typical in this type of résumé, although it is not always effective. c. It is especially effective for applicants who have gaps in employment or who have held various types of jobs. d. It can emphasize either education or experience.
What is the rationale for having sales force objectives, and how are they developed?
What will be an ideal response?
Named perils insurance only covers perils named in the insurance policy
Indicate whether the statement is true or false