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LLC General Requirements Partnership And Corporation

LLC General Requirements Partnership And Corporation

Submitted by • October 10, 2013 customwritingtips.com

Limited liability Company (LLC) is a kind of commerce organization, which mingles some aspects of a corporation with those of a sole partnership or proprietorship. For example, in a corporation, the individual liability of the company’s members for the business’s debts is limited. Nonetheless, this kind of organization in not taxed as a separate unit.

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