If an LLC wants to reinvest the profits rather than distribute them to members, may prefer to be taxed as a ____________.

Fill in the blank(s) with the appropriate word(s).

Answer: corporation

Business

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When companies dominate an industry, they may engage in unfair or destructive competition.

a. true b. false

Business

What surprised many analysts was the _______ in which a recession, initially focused in the United States, turned into a global recession with economic contraction occurring worldwide.

A. severity B. insignificance C. speed D. harshness E. Slowness

Business