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Limited Liability Corporations

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Explain roles of Limited Liability Corporations and Limited Liability Partnerships. If you were establishing your own business, under what circumstances would you choose one instead of the other?

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Explain roles of Limited Liability Corporations and Limited Liability Partnerships. If you were establishing your own business, under what circumstances would you choose one instead of the other?

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Limited Liability Company or LLC is a popular business structure wherein owners have limited personal liability for the actions and actions of the LLC. In other words, it is similar to a corporation in the sense that owners of limited liability.

LLC provide flexibility to management and benefits of pass through taxation, ...

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Sheetal Jain, PGDM
Education
  • BComm, University of Delhi
  • Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
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