What is one benefit of a limited liability company over a corporation? A. A limited liability company offers less risk to its owners. • B. A limited liability company has an unlimited life span. C. A limited liability company is subject to fewer regulations. D. A limited liability company has access to more resources.

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Question
What is one benefit of a limited liability company over a corporation?
A. A limited liability company offers less risk to its owners.
• B. A limited liability company has an unlimited life span.
C. A limited liability company is subject to fewer regulations.
D. A limited liability company has access to more resources.
Answer

A. A limited liability company offers less risk to its owners.

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A limited liability company (LLC) offers its owners limited personal liability for the debts and obligations of the business. This means that the owners are not...
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