Leaving a Partnership or Limited Liability Corporation (LLC)

If you’re running a business or side hustle without an LLC, you’re putting your personal stuff at risk. An LLC (Limited Liability Company) separates your business from your personal life. That means if something goes wrong—debts, lawsuits, whatever—they can’t touch your house, car, or savings. The best part? @zenbusiness makes it fast, easy, and affordable to set up. You can form your LLC for $0 (plus state fees) and get it processed in as little as one business day. Protect yourself and level u

Which of the following statements is true of a limited liability company (LLC)?A. It offers less flexibility than a corporation in terms of tax treatment.B. It is by far the most common type of business organization in the United States.C. It is a relatively new form of business ownership in the United States.D. It is not required to hold regular board meetings.