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2026/2027
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Terms in this set (10)
Which of the following is a real limited liability company (LLC)
company legal structure?
B corporation
limited liability company (LLC)
double proprietor
bi-lateral partnership
A sole proprietor: has no separation of liability if a claim is
filed against you
has no separation of liability if
a claim is filed against you
is more complicated for taxes
is expensive to set up
is the most complicated form
of business legal structure