18\nselect all the correct answers.\nwhich sentences describe characteristics of a limited liability…

18\nselect all the correct answers.\nwhich sentences describe characteristics of a limited liability corporation (llc)?\nthe owners in the arrangement are called members.\nthe owners are largely free from personal liability.\nthe company is treated as a separate tax entity by law.\nowners are exempt from liabilities arising from wrongful acts.\nllcs pay their taxes through their members’ personal tax returns.

18\nselect all the correct answers.\nwhich sentences describe characteristics of a limited liability corporation (llc)?\nthe owners in the arrangement are called members.\nthe owners are largely free from personal liability.\nthe company is treated as a separate tax entity by law.\nowners are exempt from liabilities arising from wrongful acts.\nllcs pay their taxes through their members’ personal tax returns.

Answer

Brief Explanations:

  • En una LLC, los propietarios se llaman miembros.
  • Los propietarios tienen una limitada responsabilidad personal.
  • Las LLC pagan impuestos a través de las declaraciones de impuestos personales de sus miembros.
  • La empresa no es tratada como una entidad fiscal separada por ley y los propietarios no están exentos de responsabilidades por actos ilícitos.

Answer:

  • The owners in the arrangement are called members.
  • The owners are largely free from personal liability.
  • LLCs pay their taxes through their members’ personal tax returns.