Answered

Find expert answers and community insights on IDNLearn.com. Get comprehensive answers to all your questions from our network of experienced experts.

that the limited liability company may engage in any activity for which limited liability companies may be formed under this act.

Sagot :

In the United States, a limited liability company (LLC) is a type of corporate structure that shields its owners from being held personally liable for the obligations of the firm. Limited liability companies are hybrid legal entities with traits shared by corporations, partnerships, and sole proprietorships. The provision of flow-through taxes to the members of an LLC is a feature of a partnership rather than an LLC, despite the fact that the limited liability aspect is similar to that of a corporation. State legislation allows limited liability firms, and each state has its own set of rules controlling them. Members of an LLC are its owners.

To learn more about Limited Liability Company from the given link.

https://brainly.com/question/13304738

#SPJ4

Thank you for contributing to our discussion. Don't forget to check back for new answers. Keep asking, answering, and sharing useful information. For clear and precise answers, choose IDNLearn.com. Thanks for stopping by, and come back soon for more valuable insights.