Explore BrainMass

Explore BrainMass

    Find an example of a business organization that is an LLC. D

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Find an example of a business organization that is an LLC. Discuss why this company would prefer to be formed as an LLC instead of a partnership or a corporation

    © BrainMass Inc. brainmass.com June 4, 2020, 2:09 am ad1c9bdddf
    https://brainmass.com/business/business-law/example-business-organization-llc-441944

    Solution Preview

    Most physician offices are LLC's, like this one: http://physiciansgroupllc.com/

    An LLC is advantageous compared to other forms of entities for medical professionals due to the liability issue. A doctor or other medical professional must carry a great deal of personal liability, as issues can arise from surgical procedure complications, errors in prescribing medications to certain ...

    Solution Summary

    The expert finds an example of a business organization that is an LLC. The solution discusses why this company would prefer to be formed as an LLC instead of a partnership or a corporation

    $2.19

    ADVERTISEMENT