Answered

Join the IDNLearn.com community and start getting the answers you need today. Discover in-depth and reliable answers to all your questions from our knowledgeable community members who are always ready to assist.

The limited liability company can best be described as a hybrid of:

A. corporate and partnership forms.
B. government and sole proprietorship forms.
C. partnership and sole proprietorship forms.
D. sole proprietorship and corporate forms.

Sagot :

GinnyAnsweridn

Final answer:

An LLC is a hybrid form combining partnership and corporation features, offering limited liability and tax benefits.


Explanation:

A Limited Liability Company (LLC) is a hybrid organizational form that combines aspects of partnerships and corporations. It offers limited liability to its members, like corporations, while also providing the flexibility and tax benefits of partnerships. This hybrid structure allows for a blend of partnership advantages, such as avoidance of double taxation, with the limited liability characteristic of corporations.


Learn more about Limited Liability Company (LLC) here:

https://brainly.com/question/41128305


Thank you for using this platform to share and learn. Keep asking and answering. We appreciate every contribution you make. Your questions find answers at IDNLearn.com. Thanks for visiting, and come back for more accurate and reliable solutions.