Question

Data analytics, llc, is a limited liability company. unless the articles of organization specify otherwise, it will most likely be assumed that the firm is:_________

Answer 1

Data analytics, llc, is a limited liability company. unless the articles of organization specify otherwise, it will most likely be assumed that the firm is ​manager-managed.

What is a limited liability company LLC ?

• A limited liability company (LLC) is a type of business structure that combines the traits of corporations and partnerships.
• It has TWO PRIMARY FEATURES: (1) the shareholders of corporations are granted limited liability; AND. (2) The tax treatment of a partnership.

What advantage does the LLC form of business ownership offer ?

• An LLC offers both the limited liability of a corporation and the tax status of a partnership.
• Benefits: LLCs are more flexible and let non-resident aliens, partnerships, and corporations join.

What is one benefit of a limited liability company over a corporation?

• The limited liability protection that the name suggests is an LLC's main advantage.
• An owner's personal assets may be protected from business debts and lawsuits asserted against the company if they operate through an LLC.

Learn  more about limited liability company

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