In limited liability companies ________.

A. income is taxed only once, as the personal earnings of members
B. personal assets of the owners are left legally unprotected
C. income is never taxed
D. income is taxed twice, corporately and personally


Answer: A

Business

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A) digital representations of animated pictures B) dynamic advertisements that change color and fonts while being displayed C) advertisements that pop up between Web pages D) digital media files created for playback E) advertisements that alter the contents of the Web page

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Which of the following is not a characteristic of a defined benefit plan?

a. The employee makes all contributions to the plan. b. Benefits may be paid as a single lump sum amount at retirement date. c. Benefits can be based on career average salary. d. In all cases, the value of pension benefits is directly related to the employee’s years of service.

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a. by mergers and acquisitions. b. by conflicts between members. c. when there are dysfunctional teams. d. by strong leaders.

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