A business professor is trying to describe what makes an LLC different from a C Corporation. Which would be the correct statement for her to make about the difference?
A. Owners of an LLC face much greater liability than owners of a C Corporation.
B. A C Corporation must have many employees. An LLC can have fewer employees.
C. The LLCs and C Corporations are taxed differently.
Ans: C. The LLCs and C Corporations are taxed differently.
Business
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Indicate whether the statement is true or false
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