Asked by
Dezeriah Saldivar
on Dec 18, 2024
Verified
An LLC is considered a citizen of every state in which its members reside for purposes of jurisdiction.
LLC
Limited Liability Company, a business structure in the United States that protects its owners from personal responsibility for its debts or liabilities.
- Discern the legal distinctions involving liability, taxation, and jurisdiction among different business entities.
Verified Answer
AZ
Learning Objectives
- Discern the legal distinctions involving liability, taxation, and jurisdiction among different business entities.
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