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Limited Liability Company (LLC)

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350 words discusses why the LLC is one of the most popular types of business entity. After reading the article, compare an LLC with a C corporation and with an S corporation. If you were operating your own business, would you choose the LLC as the organizational form for your business? Explain your reasoning.


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This response discusses why the LLC is one of the most popular types of business entity. Also, comparison is done with C corporation and S corporation in brief.

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Reena (106553)

Limited Liability Company has become one of the most popular types of business in the recent times. This is because it contains advantages of a sole proprietorship as well as a partnership such as limiting the personal ...

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