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QUESTION IMAGE

what is the reason many entrepreneurs choose to structure their busines…

Question

what is the reason many entrepreneurs choose to structure their business as a limited liability company (llc)?
creative capital
standard of living
risk avoidance
profit motive

Explanation:

Brief Explanations

In an LLC, owners' personal assets are generally protected from business - related debts and liabilities. This helps entrepreneurs avoid personal financial ruin in case of business failure, which is a form of risk avoidance.

Answer:

C. risk avoidance