This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A coop need not be incorporated. Indicate whether the statement is true or ... (Read 24 times)

RODY.ELKHALIL

  • Hero Member
  • *****
  • Posts: 591
on: Jun 24, 2018
A coop need not be incorporated.
  Indicate whether the statement is true or false

Question 2

All of the following statements concerning LLC's are incorrect except: ______.
 A) Federal income tax is due on its income as an entity.
 B) Income flows through to the members based on their proportionate interests in the company.
 C) No filing is necessary to form a limited liability company.
 D) All members enjoy unlimited liability.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mjenn52

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


RODY.ELKHALIL

  • Member
  • Posts: 591
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

True-color image of layers of haze in Titan's atmosphere. True-color image of layers of haze in Titan's atmosphere.
A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact, A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact,
A typical bank statement. A typical bank statement.
True Dover Sole True Dover Sole
Anterosuperior view of true pelvis (blue) Anterosuperior view of true pelvis (blue)
Video: Bone Healing Animation

For a complete list of videos, visit our video library