Understanding Business
Understanding Business
13th Edition
ISBN: 9781264249527
Author: Nickels, William G.
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 5.3, Problem 8TP
Summary Introduction

To determine: The reason for which many of the new businesses choose limited liability company (LLC)” form of ownership.

Introduction:

The Company where the liability of the owners are extended only up to the capital invested by them is known as the limited liability companies.

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