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Which business structure is often chosen for its flexibility in management and taxation?

Practice Questions

1 question
Q1
Which business structure is often chosen for its flexibility in management and taxation?
  1. Sole proprietorship
  2. Partnership
  3. Limited liability company (LLC)
  4. Corporation

Questions & Step-by-step Solutions

1 item
Q
Q: Which business structure is often chosen for its flexibility in management and taxation?
Solution: A limited liability company (LLC) offers flexibility in management and pass-through taxation.
Steps: 0

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