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Small Business Management Study Set 2
Quiz 8: The Organization of the Business
The Limited Liability Company Differs from the C Corporation in That
Question 36
True False
The limited liability company differs from the C corporation in that the former avoids financial complications from double taxation.
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A strategic alliance is an organizational relationship that links two or more independent business entities in some common endeavor.
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The board of directors is elected by the stockholders of a corporation.
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