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Test Information Description Instructions Multiple Attempts Not allowed. This te

ID: 369360 • Letter: T

Question

Test Information Description Instructions Multiple Attempts Not allowed. This test can only be taken once. Force Completion This test can be saved and resumed later. This test does not allow backtracking. Changes to the Question Completion Status: Moving to the next question prevents changes to this answer. Question5 A limited liability company is Q A. considered an aggregate of the company's members. B. an unincorporated business organization owned by members. O C. owned and managed by shareholders. D. taxed as a corporation. Moving to the next question prevents changes to this answer

Explanation / Answer

a limited liability company is

a) considered an aggregate of company's members

b) an unicorporated business organization owned by members

c) owned and managed by shareholder

d) taxed as a corporation

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