Ask Question
BusinessBusiness
7 November, 22:57

Jeremy is considering forms of business organization, including the limited liability company (LLC), for his concessions business-Kettle Popt-Korn. Most states require that an LLC have

+1
Answers (1)
  1. 7 November, 23:15
    0
    Most states require that an LLC have

    At least one member

    Explanation:

    LLC:

    In business, LLC is known as limited liability company. It is such company in which the owner of the company has the limited liability.

    LLC has many advantages as it prevents the owner of the company from the personal liability regarding the debts and liabilities of the company. LLC can also be treated as non-profit organization under specific circumstances. For a company to be considered as LLC, the company must have at least one member.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Jeremy is considering forms of business organization, including the limited liability company (LLC), for his concessions business-Kettle ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Julio is the owner of Party Time, Inc., a small party supply company. The company provides tents, tables, chairs, and related paraphernalia for weddings, Bar and Bat Mitzvahs, graduations, birthdays, and many other celebratory events.
Answers (1)
Mrs. Lucas is preparing for an annual review of Mia's IEP. The team has recommended that Mia receive services in the resource room rather than a self-contained classroom. Mia's current teacher has informed Mrs.
Answers (1)
Marco files a lawsuit against Allied Company in an Oregon court with limited jurisdiction. The difference between general and limited jurisdiction is based on:
Answers (1)
Matt and ann both decide to go to a concert with free tickets. we know that a. neither bears an opportunity cost because the tickets were free. b. the cost of going to the concert is greater for the one who had more choices to do other things. c.
Answers (1)
Given the following information for Albright Company, what was the factory overhead cost variance? Manufacturing Costs - Actual Costs - Standard Cost at Actual Volume - Budgeted Cost Direct materials - $80,300 - $ 76,000 - $ 71,250 Direct labor -
Answers (1)
New Questions in Business
How did whirlpool use capabilities of text analytics to better understand their customers and improve product offerings?
Answers (1)
When a tax is levied on buyers of tea, a. buyers of tea and sellers of tea both are made worse off. b. buyers of tea are made worse off, and the well-being of sellers is unaffected. c.
Answers (1)
Which of the following is not correct? a. A tax places a wedge between the price that buyers pay and the price that sellers receive. b. In the new after-tax equilibrium, buyers and sellers share the burden of the tax. c.
Answers (1)
The major benefit of diversification is the: a. increased expected return. b. removal of all negative risk assets from the portfolio. c. reduction in the portfolio's total risk. d. reduction in the portfolio's systematic risk.
Answers (1)
Dougherty Corporation purchased a new delivery van for use in its dry-cleaning business. As part of the purchase of the van the following costs were incurred: Acquisition cost 30,000, Sales tax 1,800, Title transfer 250, paid to the company logo on
Answers (1)
Home » Business » Jeremy is considering forms of business organization, including the limited liability company (LLC), for his concessions business-Kettle Popt-Korn. Most states require that an LLC have
Sign Up Forgot Password?