Keyword Analysis & Research: llc definition quizlet


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What does LLC Stand for in legal terms?

Limited Liability Company (LLC) | Internal Revenue Service Limited Liability Company (LLC) A Limited Liability Company (LLC) is a business structure allowed by state statute. Each state may use different regulations, you should check with your state if you are interested in starting a Limited Liability Company.

What is a member of a limited liability company called?

Limited Liability Company (LLC) A Limited Liability Company (LLC) is a business structure allowed by state statute. Each state may use different regulations, you should check with your state if you are interested in starting a Limited Liability Company. Owners of an LLC are called members.

What type of business structure is an LLC?

A limited liability company, commonly referred to as an “LLC”, is a type of business structure commonly used in the United States. LLCs can be seen as a hybrid structure that combines features of...

How to start a limited liability company (LLC)?

Each state may use different regulations, you should check with your state if you are interested in starting a Limited Liability Company. Owners of an LLC are called members. Most states do not restrict ownership, so members may include individuals, corporations, other LLCs and foreign entities.

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